The Law Firm of Levi & Korsinsky, LLP Notifies Shareholders of Claims of Breaches of Fiduciary Duty Against the Board of Immucor, Inc. in Connection With Takeover by TPG Capital
Posted on July 20, 2011 at 18:02 PM EDT
NEW YORK, NY -- (Marketwire) -- 07/20/11 -- Levi & Korsinsky notifies investors in Immucor, Inc. ("Immucor" or the "Company") (NASDAQ: BLUD) of claims of breaches of fiduciary duty and other violations of state law against the Board of Directors of the Company in connection with the sale of the Company to TPG Capital. Immucor shareholders will receive $27.00 in cash for each share of Immucor stock they own. The transaction has a total value of approximately $1.973 billion. A complaint was filed in Georgia state court.
Click here to learn how to join the action: http://zlk.9nl.com/Immucor-classaction, or call: 877-363-5972.
The claims concern whether the Immucor Board of Directors breached their fiduciary duties to Immucor stockholders by failing to adequately shop the Company before entering into this transaction and whether TPG Capital is underpaying for Immucor shares, thus unlawfully harming Immucor stockholders. In particular, at least one analyst set a price target for Immcuor stock at $28.00 per share.
If you own common stock in Immucor and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://www.zlk.com/immucor-blud.html.
Levi & Korsinsky is a national firm with offices in New York, California and Washington D.C. The firm has extensive expertise in prosecuting investor securities litigation 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. Attorney advertising. Prior results do not guarantee similar outcomes.
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