MAGNACHIP INVESTOR ALERT BY THE FORTER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC examines price and process appropriateness in prospective sales at Magnachip Semiconductor Corporation – MX

NEW ORLEAN – (AFTERNOON PRAYER) – Louisiana Attorney General Charles C. Foti, Jr., Esq. and law firm Kahn Swick & Foti, LLC (“KSF”) are examining the proposed sale of Magnachip Semiconductor Corporation (NYSE: MX) to investment vehicles founded by Wise Road Capital LTD and some of its associates. its limited parts. Under the terms of the proposed transaction, Magnachip shareholders will receive only $ 29.00 in cash for each share of Magnachip they own. KSF seeks to determine whether this consideration and the process that led to it are appropriate, or whether the idea is of little value to the Company.

If you consider that this matter is of little value to the Company and / or wish to discuss your legal rights in connection with the proposed sale, you may, without obligation or expense, post- d or contact KSF Managing Partner Lewis S. Kahn (lewis [email protected]) tax-free anytime at 855-768-1857, or visit https://www.ksfcounsel.com / cases / nyse-mx / to learn more.

To learn more about KSF, whose partners include the Louisiana Advocate, visit www.ksfcounsel.com.

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