INVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation of ARTHROCARE CORPORATION & Its Board of Directors In Connectio...
February 05 2014 - 12:13AM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
ArthroCare Corporation (“ArthroCare” or “the Company”) (NasdaqGS:
ARTC) for possible breaches of fiduciary duty and other violations
of state law in connection with the sale of the Company to Smith
& Nephew plc.
Click here to learn more about the investigation
http://zlk.9nl.com/arthrocare-artc, or call: 877-363-5972.
There is no cost or obligation to you.
Under the terms of the transaction, ArthroCare shareholders will
receive $48.25 for each share of ArthroCare stock they own. The
transaction has a total approximate value of $1.7 billion. The
investigation concerns whether the ArthroCare Board of Directors
breached their fiduciary duty to ArthroCare shareholders by failing
to adequately shop the Company before agreeing to enter into this
transaction, and whether Smith & Nephew plc is underpaying for
ArthroCare shares.
If you own ArthroCare common stock and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email
at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free:
(877) 363-5972, or visit
http://zlk.9nl.com/arthrocare-artc.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm’s 26
attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
Levi & Korsinsky, LLPJoseph Levi, Esq. / Eduard Korsinsky,
Esq.Tel: 212-363-7500Toll Free: 877-363-5972Fax:
866-367-6510www.zlk.com
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