SAN DIEGO, April 20, 2016 /PRNewswire/ -- Shareholder rights
law firm Johnson & Weaver, LLP has launched an investigation
into whether the board members of Hansen Medical, Inc. (NASDAQ:
HNSN) breached their fiduciary duties in connection with the
proposed sale of the Company to Auris Surgical Robotics, Inc.
Additional Information:
Hansen develops, manufactures and sells medical robotics designed
for the positioning, manipulation, and control of catheters and
catheter-based technologies.
On April 20, 2016, Hansen
announced it had signed a definitive merger agreement Auris
Surgical. Under the terms of the agreement, Hansen stockholders
will be acquired for $4.00 per share
in an all-cash transaction.
The investigation concerns whether the Hansen board failed to
satisfy their duties to the Company shareholders, including whether
the board adequately pursued alternatives to the acquisition and
whether the board obtained the best price possible for Hansen
shares of common stock. Nationally recognized Johnson &
Weaver is investigating whether the proposed deal price represents
adequate consideration. Hansen's 52 week high is $12.20.
If you are a shareholder of Hansen and believe the proposed
buyout price is too low or you're interested in learning more about
the investigation or your legal rights and remedies, please contact
lead analyst Jim Baker
(jimb@johnsonandweaver.com) at 619-814-4471. If emailing, please
include a phone number where you can be reached.
About Johnson & Weaver, LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder
rights law firm with offices in California, New
York and Georgia. The firm
represents individual and institutional investors in shareholder
derivative and securities class action lawsuits. For more
information about the firm and its attorneys, please visit
http://www.johnsonandweaver.com. Attorney advertising. Past results
do not guarantee future outcomes.
Contact:
Johnson & Weaver, LLP
Jim Baker, 619-814-4471
jimb@johnsonandweaver.com
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SOURCE Johnson & Weaver, LLP