The Law Firm of Weiss & Lurie Investigates Synovis Life Technologies, Inc.
December 14 2011 - 5:54PM
Business Wire
Weiss & Lurie, a national class action and shareholder
rights law firm with offices in New York City and Los Angeles, is
investigating possible breaches of fiduciary duty and other
violations of law by the Board of Directors of Synovis Life
Technologies, Inc. (“Synovis” or the “Company”) (Nasdaq: SYNO)
arising from its agreement to be acquired by Baxter International,
Inc. Under the merger agreement, Synovis shareholders will receive
$28.00 cash for each Synovis share. The proposed transaction has a
total value of $325 million.
Weiss & Lurie is investigating whether Synovis’ Board acted
in the best interests of shareholders in approving the transaction,
including whether the consideration being paid to shareholders is
fair in light of the true inherent value of the Company, and
whether the Board engaged in an adequate sales process. If you own
Synovis shares and would like more information about your rights as
a shareholder or additional information concerning our
investigation, please contact Richard A. Acocelli either by email
at info@weisslurie.com or by telephone at (888) 593-4771.
Weiss & Lurie has litigated hundreds of stockholder class
and derivative actions for violations of corporate and fiduciary
duties. We have recovered over a billion dollars for defrauded
institutions and individuals and obtained important corporate
governance in these cases. If you have information or would like
legal advice concerning possible corporate wrongdoing (including
insider trading, waste of corporate assets, accounting fraud, or
issuing materially misleading information), consumer fraud
(including false advertising, defective products, or other
deceptive business practices), or anti-trust violations, please
email us at info@weisslurie.com or fill out the form on our
website, http://www.weisslurie.com/contact/report_fraud/.
Attorney Advertising. Past results do not guarantee a similar
outcome.
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