PEREGRINE SEMICONDUCTOR INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Peregrine Semiconductor Co

NEW ORLEANS, Aug. 22, 2014 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Peregrine Semiconductor Corporation ("Peregrine" or the "Company") (NASDAQ: PSMI) to Murata Electronics North America, Inc., a wholly-owned subsidiary of Murata Manufacturing Co., Ltd. (TSE/OSE: 6981). Under the terms of the proposed transaction, shareholders of Peregrine will receive only $12.50 in cash for each share of Peregrine common stock that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.