VOLCANO CORPORATION SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
January 06 2015 - 12:50PM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of Volcano
Corporation (NASDAQ GS: VOLC)?
- Did you purchase any of your shares
prior to December 17, 2014?
- Do you think the proposed buyout
price is too low?
- Do you want to discuss your
rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of Volcano
Corporation (“Volcano” or the “Company”) (NASDAQ GS: VOLC)
regarding possible breaches of fiduciary duties and other
violations of law related to the Company’s entry into an agreement
to be acquired by Royal Philips N.V. (“Philips”), in a transaction
valued at approximately $1.2 billion.
Click here to learn more:
http://www.rigrodskylong.com/investigations/volcano-corporation-volc.
Under the terms of the agreement, public shareholders of Volcano
would receive $18.00 in cash for each share of Volcano they
own.
The investigation concerns whether Volcano’s board of directors
failed to adequately shop the Company and obtain the best possible
value for Volcano’s shareholders before entering into an agreement
with Philips.
If you own the common stock of Volcano and purchased your shares
before December 17, 2014, if you have information or would like to
learn more about these claims, or if you wish to discuss these
matters or have any questions concerning this announcement or your
rights or interests with respect to these matters, please contact
Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2
Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at
(888) 969-4242; by e-mail to info@rl-legal.com, or at:
http://www.rigrodskylong.com/investigations/volcano-corporation-volc.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware
and Garden City, New York, regularly prosecutes securities class,
derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in
states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar
outcome.
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M.
Serra888-969-4242302-295-5310Fax:
302-654-7530info@rl-legal.comhttp://www.rigrodskylong.com
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