… Rosen Law Firm …

The Rosen Law Firm, P.A. is investigating the board of directors of Fusion-io, Inc. for possible breaches of fiduciary duties and other violations of law by failing to adequately shop Fusion-io to maximize shareholder value before entering into an agreement with SanDisk Corp.

Under the terms of the proposed transaction, shareholders will receive $11.25 in cash for each share of Fusion-io stock they own.

The offer of $11.25 per share falls well below Fusion-io’s 52-week high of $15.59 per share. Furthermore, the proposed transaction is valued at approximately $1.1 billion, which is $370 million less than Fusion-io’s 2011 IPO valuation.

The investigation relates to whether the proposal is fair to public shareholders and whether Fusion-io’s board of directors breached its fiduciary duties in connection with the proposed transaction.