San Diego, CA -- (SBWIRE) -- 11/21/2016 -- An investigation on behalf of investors, who currently hold shares of Harman International Industries Inc (NYSE:HAR), was announced concerning the buyout of Harman International Industries Inc. by Samsung Electronics for $112 per share.

Investors who purchased shares of Harman International Industries Inc (NYSE:HAR) and currently hold any of those NYSE:HAR shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm concerns whether certain officers and directors of Harman International Industries Inc breached their fiduciary duties owed to NYSE:HAR investors in connection with the proposed acquisition.

On November 14, 2016, Samsung Electronics and Harman International Industries Inc (NYSE:HAR) announced that they have entered into an agreement under which Samsung Electronics will acquire Harman International Industries Inc (NYSE:HAR) for $112.00 per share in cash, or total equity value of approximately $8.0 billion.

However, the investigation concerns whether the offer is unfair to NYSE:HAR stockholders. More specifically, the investigation concerns whether the Harman International Industries Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

On November 18, 2016, NYSE:HAR shares closed at $109.35 per share

Those who are current investors in Harman International Industries Inc shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com