Newman Ferrara LLP Announces Investigation of Viasystems Group, Inc.

Newman Ferrara LLP has begun an investigation into potential claims against the board of directors of Viasystems Group, Inc. (“Viasystems”) (Nasdaq: VIAS) concerning its proposed sale to TTM Technologies Group, Inc. (“TTM”) (Nasdaq: TTMI).

Under the terms of the proposed transaction, Viasystems stockholders will receive $11.33 per share in cash and 0.706 shares of TTM stock for each share of Viasystems stock owned. Based on TTM’s closing stock price on September 19, 2014, the proposed deal would provide implied value to Viasystems stockholders of only $16.46 per share. This implied offer price is below the 52-week trading high of Viasystems common stock of $16.79 per share.

Newman Ferrara’s investigation concerns whether the Viasystems Board of Directors has breached its fiduciary duties to act in the best interests of Viasystems stockholders. The investigation focuses on the potential unfairness of the consideration being provided to Viasystems stockholders and the process by which the Viasystems Board of Directors considered and approved the proposed deal.

Concerned investors may contact Newman Ferrara attorney Roy Shimon at rshimon@nfllp.com to discuss this investigation, their rights, or potential remedies.

Newman Ferrara maintains a multifaceted practice based in New York City with attorneys specializing in complex commercial and multi-party litigation, securities fraud and shareholder litigation, consumer protection, civil rights, and real estate. For more information, please visit the firm website at www.nfllp.com.