Wohl & Fruchter Investigates Potential Unfair Dealing in Acquisition of Vital Images, Inc. by Toshiba Medical Systems Corp.
02 Mayo 2011 - 7:00AM
Business Wire
The law firm of Wohl & Fruchter LLP has commenced an
investigation into the acquisition of Vital Images, Inc. (NASDAQ:
VTAL) (Vital) by Toshiba Medical Systems Corporation (Toshiba).
On April 27, 2011, Vital announced that it had agreed to be
acquired by Toshiba for $18.75 per share in cash.
Toshiba is currently Vital’s largest customer, and sales to
Toshiba accounted for 51% of Vital’s total revenue in 2010. Wohl
& Fruchter’s investigation concerns whether Toshiba used its
economic leverage over Vital to coerce a sale of the company on
unfair terms.
Additional information is available
at http://www.wohlfruchter.com/cases/vtal.
Persons with relevant information, and Vital shareholders with
questions about this investigation, are invited to contact our
Firm.
About Wohl & Fruchter
Wohl & Fruchter LLP represents plaintiffs in litigation
arising from fraud and other fiduciary breaches by corporate
managers, as well as other complex litigation matters. Please visit
our website, www.wohlfruchter.com, to learn more about our Firm, or
contact one of our partners.
This release may be deemed to constitute attorney
advertising.
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