eMagin Corporation

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Ademi LLP is investigating eMagin (NYSE: EMAN) for possible breaches of fiduciary duty and other violations of law in its transaction with Samsung Display.

eMagin public stockholders are expected to receive only $2.08 per share in cash, in a transaction valued at approximately $218 million. The transaction agreement unreasonably limits competing bids for eMagin by imposing a significant penalty if eMagin accepts a superior bid. eMagin insiders will receive substantial benefits as part of change of control arrangements.

We are investigating the conduct of eMagin’s board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for eMagin.