The Briscoe Law Firm and Powers Taylor, LLP Announce Investigation of BigBand Networks, Inc.

DALLAS--(BUSINESS WIRE)--Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor, LLP are investigating the sale of BigBand Networks, Inc. (“BigBand” or BBND”) (NASDAQ: BBND) to ARRIS Group, Inc. for shareholders. Under the proposed buyout, BigBand shareholders will receive $2.24 in cash for each share of BigBand/BBND stock owned, which is well below the target price of $2.75 per share recently announced by analysts.