HANSEN MEDICAL SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of Hansen Medical, Inc. (HNSN) Over the P...
April 27 2016 - 4:35PM
Business Wire
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 Hansen Medical, Inc.
(“Hansen Medical” or the “Company”) (NASDAQ:HNSN) for potential
breaches of fiduciary duties in connection with the sale of the
Company to Auris Surgical Robotics, Inc. for approximately $80
million in an all-cash transaction.
The Company’s stockholders will only receive $4.00 for each
share of Company common stock they own. However, the stock has
traded as high as $12.20 per share as recently as June 22,
2015.
Click here for more information:
www.faruqilaw.com/HNSN. There is no cost or
obligation to you.
The investigation focuses on whether Hansen Medical’s Board of
Directors breached their fiduciary duties to the Company’s
stockholders by failing to conduct a fair sales process and whether
and by how much this proposed transaction undervalues the Company
to the detriment of Hansen Medical’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
securities litigation news, follow us on Twitter at
www.twitter.com/MergerActivity or on Facebook at
www.facebook.com/FaruqiLaw.
If you own common stock in Hansen Medical and wish to obtain
additional information and protect your investments free of charge,
please visit us at www.faruqilaw.com/HNSN or contact Juan
Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or
by telephone at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2016 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.
SOURCE: Faruqi & Faruqi, LLP
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version on businesswire.com: http://www.businesswire.com/news/home/20160427006625/en/
Faruqi & Faruqi, LLP685 Third Avenue, 26th FloorNew York, NY
10017Attn: Juan Monteverde, Esq.jmonteverde@faruqilaw.comToll Free:
(877) 247-4292Phone: (212) 983-9330
Hansen Medical, Inc. (MM) (NASDAQ:HNSN)
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