NEW YORK, NY / ACCESSWIRE / May 14, 2015 / Pomerantz LLP is investigating claims on behalf of investors of Pall Corporation ("Pall" or the "Company") (NYSE: PLL) (ISIN: US6964293079) (CUSIP: 696429307) concerning the proposed acquisition of Pall by Danaher Corporation.
Pall shareholders seeking more information about this acquisition are advised to contact Robert Willoughby at rswilloughby@pomlaw.com or 212-661-1100 or 888-476-6529, ext. 237.
The investigation concerns whether the Pall directors are breaching their fiduciary duties by failing to adequately shop the Company and maximize shareholder value. Under the terms of the proposed transaction, Pall shareholders will receive $127.20 for each share of Pall common stock. However, the current management appears to be staying on with the new company, and synergies may not be reflected in the proposed offer price.
Pomerantz LLP, with offices in New York, Chicago, Florida, and Los Angeles, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz LLP pioneered the field of securities class actions. Today, more than 75 years later, the Pomerantz LLP continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of defrauded investors. See www.pomerantzlaw.com.
SOURCE: Pomerantz LLP
