Court Rejects Class Actions Against Omnivision Buyout

PRNewswire: A number of class action lawsuits related to the Seagull Acquisition Corporation's merger with OmniVision have been filed in the Superior Court of the State of California. On July 16, 2105, the Court held a hearing on that motion. Following the hearing, the Court denied, in its entirety, plaintiffs' motion seeking to enjoin the Merger.