WILMINGTON, Del., Sept. 2, 2015 /PRNewswire/ -- Rigrodsky &
Long, P.A.:
- Do you own shares of Synergetics USA, Inc. (NASDAQ CM:
SURG)?
- Did you purchase any of your shares prior to September 2, 2015?
- 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
Synergetics USA, Inc.
("Synergetics" or the "Company") (NASDAQ CM: SURG) regarding
possible breaches of fiduciary duties and other violations of law
related to the Company's entry into an agreement to be acquired by
Valeant Pharmaceuticals International, Inc. ("Valeant") (NYSE:
VRX).
Click here to learn more:
http://rigrodskylong.com/investigations/synergetics-usa-inc-surg.
Under the terms of the agreement, shareholders of Synergetics
will receive $6.50 per share in cash
for each share of Synergetics they own. In addition to the
upfront cash payment, Synergetics stockholders will receive
additional cash payments of up to $1.00 per share if specified sales milestones are
achieved following the closing.
The investigation concerns whether Synergetics's board of
directors failed to adequately shop the Company and obtain the best
possible value for Synergetics's shareholders before entering into
an agreement with Valeant. According to Yahoo! Finance, at
least one analyst has issued a price target for Synergetics's stock
at $7.00 per share.
If you own the common stock of Synergetics and purchased your
shares before September 2, 2015, 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://rigrodskylong.com/investigations/synergetics-usa-inc-surg.
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.
CONTACT:
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(302) 295-5310
Fax: (302) 654-7530
info@rl-legal.com
http://www.rigrodskylong.com
To view the original version on PR Newswire,
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SOURCE Rigrodsky & Long, P.A.