Rigrodsky & Long, P.A. announces a complaint alleging breaches of fiduciary duty and other violations of law has been filed in California Superior Court, Santa Clara County against the board of directors of Supertex, Inc. ("Supertex" or the "Company") (NASDAQ GS: SUPX) in connection with the Company's entry into an agreement to be acquired by Microchip Technology Incorporated ("Microchip") (NASDAQ GS: MCHP), in a transaction valued at approximately $394 million.

Click here to learn more: http://www.rigrodskylong.com/investigations/supertex-inc-supx.

Under the terms of the agreement, public shareholders of Supertex will receive $33.00 per share in cash for each share of Supertex they own.

The complaint alleges that Supertex's board of directors failed to adequately shop the Company and obtain the best possible value for Supertex's shareholders before entering into an agreement with Microchip.

If you own the common stock of Supertex and purchased your shares before February 10, 2014, and would like to learn more about these allegations, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, Delaware 19803; by telephone at (888) 969-4242; or by e-mail to info@rl-legal.com, or at: http://www.rigrodskylong.com/investigations/supertex-inc-supx.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.

Attorney advertising. Prior results do not guarantee a similar outcome.

Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
888-969-4242
302-295-5310
Fax: 302-654-7530
info@rl-legal.com
http://www.rigrodskylong.com