NEW YORK, Sept. 12, 2016 /PRNewswire/ -- Attorney
Advertising-- Bronstein, Gewirtz & Grossman, LLC reminds
investors that a securities class action has been filed on behalf
of those who purchased shares of FEI Company ("FEI" or the
"Company") (NASDAQ: FEIC) on May 26,
2016 in connection with the with the acquisition of FEI by
Thermo Fisher Scientific Inc. and Polpis Merger Sub Co.
(collectively, "Thermo Fisher").
This class action seeks to recover damages against Defendants
for alleged violations of the federal securities laws under the
Securities Exchange Act of 1934 (the "Exchange
Act").
FEI is an American company that designs, manufactures, and
supports microscope technology.
On May 27, 2016, FEI and Thermo
Fisher revealed that they had entered into a merger agreement in
which FEI would be acquired by Thermo
Fisher (the "Acquisition"). FEI shareholders voted and
approved the Acquisition, and received $107.50 in cash for each share of FEI common
stock held.
The complaint alleges that defendants breached their fiduciary
duties and/or assisted and supported such breaches and violated
state and federal law in connection with the
Acquisition. Specifically, on June 24,
2016, in an attempt to secure shareholder support for the
Acquisition, defendants issued a materially false and misleading
Preliminary Proxy Statement on Schedule 14A (the "Proxy").
The Proxy suggested that FEI shareholders vote for the Acquisition
and omitted and/or misrepresented material information about the
unfair sales process for the Company, the unfair consideration
offered in the Acquisition, and the actual inherent value of the
Company on a standalone basis and as a merger partner for
Thermo Fisher in contravention of
§§14(a) and 20(a) of the 1934 Act and/or defendants' fiduciary duty
of disclosure under state law.
No Class has yet been certified in the above action. To
discuss this action, or for any questions, please visit the firm's
site: http://www.bgandg.com/feic or contact Peretz Bronstein, Esq. or his Investor Relations
Analyst, Yael Hurwitz of Bronstein,
Gewirtz & Grossman, LLC at 212-697-6484 or via email
info@bgandg.com. Those who inquire by e-mail are encouraged to
include their mailing address and telephone number. If you
suffered a loss in FEI, you have until November 7, 2016 to request that the Court
appoint you as lead plaintiff. Your ability to share in any
recovery doesn't require that you serve as a lead plaintiff.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation
boutique. Our primary expertise is the aggressive pursuit of
litigation claims on behalf of our clients. In addition to
representing institutions and other investor plaintiffs in class
action security litigation, the firm's expertise includes general
corporate and commercial litigation, as well as securities
arbitration. Attorney advertising. Prior results do not
guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com
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SOURCE Bronstein, Gewirtz & Grossman, LLC