Faruqi & Faruqi, LLP is Seeking More Cash for the Shareholders of AuthenTec, Inc. (AUTH)

NEW YORK--(BUSINESS WIRE)--Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of AuthenTec, Inc. (“AuthenTec” or the “Company”) (NASDAQ: AUTH) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Apple Inc. (NASDAQ: AAPL) in an all-cash deal valued at approximately $350 million. Under the terms of the proposed transaction, AuthenTec stockholders will receive $8.00 in cash for each share of AuthenTec common stock they own.