The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into the Possible Breaches of Fiduciary Duty by the Board of ...
22 Octubre 2010 - 9:19AM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
Clarient, Inc. (“Clarient” or the “Company”) (NasdaqCM: CLRT) for
possible breaches of fiduciary duty and other violations of state
law in connection with their attempt to sell the Company to GE
Healthcare, a unit of General Electric Company (NYSE: GE). Under
the terms of the transaction, Clarient shareholders will receive
$5.00 in cash for each Clarient common share and $20.00 in cash for
each preferred share. The transaction values Clarient at
approximately $580 million, net of cash and investments as of June
30, 2010. The Board of Directors of Clarient has approved the
transaction and unanimously recommended that Clarient stockholders
tender their shares in the transaction.
Click here to learn how to join the action:
http://www.zlk.com/clarient-clrt.html, or call: 877-363-5972.
The investigation concerns whether the Clarient Board of
Directors breached their fiduciary duties to Clarient stockholders
by failing to adequately shop the Company before entering into this
transaction and whether GE Healthcare is underpaying for Clarient
shares, thus unlawfully harming Clarient stockholders. In
particular, at least one analyst set a price target for Clarient
common stock at $6.00 per share.
If you own common stock in Clarient and wish to obtain
additional information, please contact Joseph E. Levi, Esq. either
via email at jlevi@zlk.com or by telephone at (212) 363-7500,
toll-free: (877) 363-5972, or visit
http://www.zlk.com/clarient-clrt.html.
Levi & Korsinsky has expertise in prosecuting investor
securities litigation and extensive experience in actions involving
financial fraud and represents investors throughout the nation,
concentrating its practice in securities and shareholder
litigation. The attorneys at Levi & Korsinsky have been
appointed by numerous courts throughout the country to serve as
lead counsel on behalf of shareholders in major litigations
involving mergers and acquisitions. For more information, please
feel free to contact any of the attorneys listed below.
CONTACT:Levi & Korsinsky, LLPJoseph Levi, Esq.Eduard
Korsinsky, Esq.30 Broad Street - 15th FloorNew York, NY 10004Tel:
(212) 363-7500Toll Free: (877) 363-5972Fax: (212)
363-7171www.zlk.com
Clarient, Inc. (MM) (NASDAQ:CLRT)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
Clarient, Inc. (MM) (NASDAQ:CLRT)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024
Real-Time news about Clarient, Inc. (MM) (NASDAQ): 0 recent articles
Más de Levi & Korsinsky, LLP Artículos de Noticias