SOLTA MEDICAL INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Solta Medical, Inc. (SLTM) over the Propose...
December 16 2013 - 6:10PM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of Solta Medical, Inc.
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a
leading national securities firm headquartered in New York City, is
investigating the Board of Directors of Solta Medical, Inc.
(“Solta” or the “Company”) (NasdaqGS:SLTM) for potential breaches
of fiduciary duties in connection with their conduct related to the
sale of the Company to Valeant Pharmaceuticals in a cash deal
valued at approximately $250 million. Under the terms of the
proposed transaction, Solta’s stockholders will receive $2.92 for
each share of Solta common stock they own.
Request more information now by clicking here:
www.faruqilaw.com/SLTM. There is no cost or
obligation to you.
The investigation focuses on whether Solta’s Board of Directors
breached their fiduciary duties to the Company’s stockholders by
failing to conduct an adequate and fair sales process prior to
agreeing to this proposed transaction, whether and by how much this
proposed transaction undervalues the Company to the detriment of
Solta’s shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The firm is
focused on providing exemplary legal services in complex litigation
in the areas of securities, shareholder, antitrust and consumer
litigation, throughout all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm’s clients. To keep track of the latest
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If you own common stock in Solta Medical, Inc. and wish to
obtain additional information and protect your investments free of
charge, please visit us at www.faruqilaw.com/SLTM or contact Juan
E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com
or by telephone at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2013 Faruqi & Faruqi, LLP. The law
firm responsible for this advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter. We are happy to
discuss your particular case.
Faruqi & Faruqi, LLP369 Lexington Avenue, 10th FloorNew
York, NY 10017Attn: Juan E. Monteverde,
Esq.jmonteverde@faruqilaw.comToll Free: 877-247-4292Phone:
212-983-9330
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