Law Firm Brower Piven Announces Investigation of Rochester Medical Corporation Proposed Buyout
September 04 2013 - 5:08PM
Business Wire
The securities litigation firm of Brower Piven, A Professional
Corporation, has commenced an investigation into possible breaches
of fiduciary duty to current shareholders of Rochester Medical
Corporation (“Rochester Medical” or the “Company”) (NASDAQ: ROCM)
and other violations of state law by the board of directors of
Rochester Medical relating to the proposed buyout of the Company by
C. R. Bard, Inc. The firm’s investigation seeks to determine,
among other things, whether the board of directors of Rochester
Medical breached their fiduciary duties by failing to maximize
shareholder value.
According to the press release announcing the proposed buyout,
Rochester Medical shareholders will receive $20.00 per share in
cash for each share of Rochester Medical common stock they own.
If you currently own common stock of Rochester Medical and would
like to learn more about the investigation being conducted by
Brower Piven, you may email or call Brower Piven, who will, without
obligation or cost to you, attempt to answer your questions. You
may contact Brower Piven by email at hoffman@browerpiven.com, by
calling (410) 415-6616, or at Brower Piven, A Professional
Corporation, 1925 Old Valley Road, Stevenson, Maryland 21153.
Attorneys at Brower Piven have combined experience litigating
securities and other class action cases of over 60 years.
Brower Piven, A Professional CorporationStevenson,
MarylandCharles J. Piven, 410-415-6616hoffman@browerpiven.com
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