International Flavors & Fragrances Inc
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Materials : Chemicals | Mid Cap Blend
Company profile

International Flavors & Fragrances Inc. provides products that consumers taste, smell, or touch. It operates through three segments: Taste, Frutarom and Scent. Taste is comprised of Flavor Compounds which are sold to the food and beverage industries for use in consumer products, such as prepared foods, beverages, dairy, food and sweet products. Frutarom segment creates and manufactures a naturals-focused suite of flavor compounds, functional foods and specialty fine ingredients. Scent segment is comprised of Fragrance Compounds, which are used by its customers in two broad categories: Fine Fragrances and Consumer Fragrances; Fragrance Ingredients, which consists of synthetic and natural ingredients that can be combined with other materials to create fragrance and consumer compounds; and Cosmetic Active Ingredients, consisting of active and functional ingredients, botanicals and delivery systems.

Closing Price
$102.66
Day's Change
-0.26 (-0.25%)
Bid
--
Ask
--
B/A Size
--
Day's High
103.35
Day's Low
101.41
Volume
(Average)
Volume:
1,564,092

10-day average volume:
1,554,239
1,564,092

Faruqi & Faruqi, LLP Announces Filing of a Class Action Lawsuit Against Maxim Integrated Products, Inc. (MXIM)

11:03 pm ET September 15, 2020 (Globe Newswire) Print

Notice is hereby given that Faruqi & Faruqi, LLP has filed a class action lawsuit in the United States District Court for the Southern District of New York, Case No. 1:20-cv-07168-MKV on behalf of shareholders of Maxim Integrated Products, Inc. ("Maxim" or the "Company") (NASDAQ:MXIM) who have been harmed by Maxim's and its board of directors' (the "Board") alleged violations of Sections 14(a) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") in connection with the proposed merger of the Company with Analog Devices, Inc. (the "Proposed Transaction").

On July 12, 2020, the Board caused the Company to enter into an agreement and plan of merger under which Maxim shareholders stand to receive 0.63 shares of Analog Devices, Inc. common stock for each share of Maxim stock they own.

The complaint alleges that the Form S-4 filed with the Securities and Exchange Commission violates Sections 14(a) and 20(a) of the Exchange Act because it provides materially incomplete and misleading information about the Company and the Proposed Transaction, including information concerning the Company's financial projections and analysis, on which the Board relied to recommend the Proposed Transaction as fair to Maxim shareholders.

If you wish to obtain information concerning this action, you can do so by clicking here: www.faruqilaw.com/MXIM.

Take Action

Plaintiff is represented by Faruqi & Faruqi, LLP, a law firm with extensive experience in prosecuting class actions, and significant expertise in actions involving corporate fraud. Faruqi & Faruqi, LLP, was founded in 1995 and the firm maintains its principal office in New York City, with offices in Delaware, California, Georgia, and Pennsylvania.

If you wish to serve as lead plaintiff, you must move the Court no later than 60 days from the date of this notice. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. If you wish to discuss this action, or have any questions concerning this notice or your rights or interests, please contact:

Nadeem Faruqi, Esq.

James M. Wilson, Jr., Esq.

FARUQI & FARUQI, LLP

685 3rd Avenue, 26th Floor

New York, NY 10017

Telephone: (877) 247-4292 or (212) 983-9330

E-mail: nfaruqi@faruqilaw.com

jwilson@faruqilaw.com

https://ml.globenewswire.com/media/7b9b684e-8d35-4714-b66d-1bfdee039cbf/small/faruqi-faruqi-llp-logo.jpg

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