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Levi & Korsinsky announces it has commenced an investigation of GigPeak, Inc. (NYSE MKT: GIG) concerning possible breaches of fiduciary duty by the board of directors of the company. In particular, we determined that since March 26, 2015, the Company has granted CEO Katz 461,356 restricted stock units in excess compensation, in violation of Company’s shareholder-approved option plan. We are investigating an action seeking to force the Company to rescind these improper grants.
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