Lumentum Holdings Inc. (Nasdaq – LITE)

SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Lumentum Holdings Inc. (Nasdaq – LITE)

BALA CYNWYD – November 2, 2026 /Globe Newswire/ – Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Lumentum Holdings Inc. (“Lumentum” or the “Company”) (Nasdaq – LITE) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to Marvell Technology, Inc. (Nasdaq – MRVL). Under the terms of the agreement, Lumentum shareholders will receive 4.500 shares of Marvell common stock for each share of Lumentum common stock they own, in a transaction with an enterprise value of approximately $115 billion. Post-closing, current Marvell stockholders will own approximately 67% of the combined company on a fully diluted basis, while Lumentum stockholders will own approximately 33%.

The investigation concerns whether the Lumentum Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the proposed transaction is paying fair value to shareholders of the Company.

If you own shares of Lumentum stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman by email at clients@brodsky-smith.com, or call toll free 855-576-4847.

Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders.

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