San Diego, CA -- (SBWIRE) -- 04/17/2017 -- The acquisition of Xcerra Corp is under investigation concerning possible wrongdoing. The investigation was announced on behalf of investors in NASDAQ:XCRA shares over whether the takeover of Xcerra Corp. by Sino IC Capital Co. Ltd for $10.25 per share is unfair to NASDAQ:XCRA stockholders.

Investors who purchased shares of Xcerra Corp (NASDAQ:XCRA) and currently hold any of those NASDAQ:XCRA 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 directors of Xcerra Corp breached their fiduciary duties owed to NASDAQ:XCRA investors in connection with the proposed acquisition.

On April 10, 2017 Xcerra Corp (NASDAQ:XCRA) and Sino IC Capital Co. Ltd. announced that Xcerra Corp (NASDAQ:XCRA) and an affiliate of Sino IC Capital , Unic Capital Management Co., Ltd., have entered into an agreement under which Unic Capital Management Co., Ltd., will acquire all outstanding shares of Xcerra Corp (NASDAQ:XCRA) for $10.25 per share in cash.

However, the investigation concerns whether the offer is unfair to NASDAQ:XCRA stockholders. More specifically, the investigation concerns whether the Xcerra Corp 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.

Shares of Xcerra Corp (NASDAQ:XCRA) closed on April 13, 2017 at $9.74 per share.

Those who are current investors in Xcerra Corp 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