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The Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of OPTi, Inc. in Connection with the Proposed Liquidation of Assets

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The Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of OPTi, Inc. in Connection with the Proposed Liquidation of Assets Powered By Docstoc
					The Law Firm of Levi & Korsinsky, LLP
Announces Investigation into Possible Breaches of
Fiduciary Duty by the Board of OPTi, Inc. in
Connection with the Proposed Liquidation of
Assets
January 17, 2012 11:04 AM Eastern Time 

NEW YORK--(EON: Enhanced Online News)--Levi & Korsinsky is investigating the Board of Directors of OPTi,
Inc. (“OPTi” or the “Company”) (OTC: OPTI) for possible breaches of fiduciary duty and other violations of state
law in connection with the proposed liquidation of the Company’s assets. In a January 12, 2012 filing with the SEC,
OPTi announced plans to dissolve the Company. The Board is currently soliciting shareholder approval of the
proposed liquidation via written consent in lieu of a shareholder meeting.

Click here to learn how to join the action: http://zlk.9nl.com/opti-inc-opti, or call: 877-363-5972.

The investigation concerns whether the OPTi Board of Directors breached their fiduciary duties to OPTi
stockholders by unanimously voting to liquidate the Company’s assets. In a Form 10Q filed with the SEC on
November 14, 2011, the Company stated that the Company's largest shareholder, S. Muoio & Co. LLC and its
affiliates, had recently increased its ownership of the Company's outstanding common stock from 28% to 35% and
that such shareholder has indicated in its public filings with the SEC that it may engage in discussions with the
Company regarding the potential orderly liquidation of the Company.

If you own common stock in OPTi and wish to obtain additional information, please contact Joseph E. Levi, Esq.
either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or
http://www.zlk.com/opti-inc-opti.html.

Levi & Korsinsky is a national firm with offices in New York, California and Washington D.C. The firm has
extensive expertise in prosecuting investor securities litigation involving financial fraud and represents investors
throughout the nation, concentrating its practice in securities and shareholder litigation. The attorneys at Levi &
Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of
shareholders in major litigations involving mergers and acquisitions. For more information, please feel free to contact
any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 15th Floor
New York, NY 10004
Tel: 212-363-7500
Toll Free: 877-363-5972
Fax: 212-363-7171
www.zlk.com
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