An investigation on behalf of current investors in White Electronic Designs Corporation (Public, NASDAQ:WEDC) concerning shareholder claims over possible breaches of fiduciary duty by the board of directors of White Electronic Designs Corporation was announced.

The investigation by law firm focuses on potential breaches of fiduciary duty and other violations of state law by the Board of Directors of White Electronic Designs Corporation (Public, NASDAQ:WEDC) arising out of their attempt to sell White Electronic Designs Corporation (Public, NASDAQ:WEDC) to Microsemi Corporation. White Electronic Designs Corporation, located in Phoenix, Arizona, is a defense electronics manufacturer and supplier that designs, develops and manufactures electronic components and systems for inclusion for the defense and aerospace markets.

On Tuesday, March 30, 2010, Microsemi Corporation (Nasdaq:MSCC) announced that it has entered into a definitive agreement to acquire White Electronic Designs Corporation (Nasdaq:WEDC) through a cash tender offer at $7.00 per share or a transaction value of approximately $100 million. Shares of White Electronic Designs Corporation (WEDC) traded $7.00 per share after the announcement and at $5.50 per share before the news.

But according the investigation by a law firm concerns whether the White Electronic Designs Corporation Board of Directors breached their fiduciary duties to White Electronic Designs Corporation (WEDC) stockholders by failing to adequately shop the Company prior to entering into the agreement, whether the Board of Directors breached their fiduciary duties by not seeking a deal that would provide better value of White Electronic Designs Corporation (NASDAQ:WEDC), and whether Microsemi Corporation is underpaying for White Electronic Designs Corporation, thus unlawfully harming White Electronic Designs Corporation (WEDC) stockholders.