Goldfarb Branham LLP Investigates Shareholder Claims Against HealthGrades
August 11 2010 - 8:59AM
Business Wire
Goldfarb Branham LLP is investigating HealthGrades (NasdaqGS:
HGRD) and its Board of Directors due to the potentially unfair sale
of the Company to Vestar Capital Partners. Under the terms of the
transaction, HealthGrades shareholders will receive $8.20 per
share. Shareholders with concerns are urged to contact Hamilton
Lindley at 877-583-2855 or hlindley@goldfarbbranham.com.
“The transaction appears to be unfair because the offer price is
only a small premium over the $7.89 price that the Company’s shares
traded at as recently as May 10, 2010,” stated lawyer Hamilton
Lindley. “Other factors of concern to shareholders include
approximately 21% of the stock is owned by executive officers who
have already promised to tender their shares.”
If you have information or concerns about this transaction, you
are encouraged to contact attorney Hamilton Lindley at 877-583-2855
or by email at hlindley@goldfarbbranham.com. Goldfarb Branham LLP
has significant experience representing shareholders in unfair
buyout cases nationwide. The firm provides nimble, creative and
effective counsel at all stages of litigation.
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