|[January 03, 2014]
INVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation of Patient Safety Technologies, Inc. and Its Board of Directors in Relation to the Sale of the Company to Stryker Corporation
NEW YORK --(Business Wire)--
Levi & Korsinsky is investigating the Board of Directors of Patient
Safety Technologies, Inc. ("PSTX" or the "Company") (OTC:PSTX) for
possible breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to Stryker Corporation
Click here to learn more about the action http://zlk.9nl.com/patient-safety-technologies-pstx,
or call: 877-363-5972. There is no cost or obligation to you.
Under the terms f transaction, PSTX shareholders will receive $2.22 in
cash for each share of PSTX stock they own, with an aggregate purchase
price of $120 million. The investigation concerns whether the PSTX Board
of Directors breached their fiduciary duties to stockholders by failing
to adequately shop the Company before agreeing to enter into this
transaction, and whether Stryker Corporation is underpaying for PSTX
If you own PSTX common stock 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://zlk.9nl.com/patient-safety-technologies-pstx.
Levi & Korsinsky is a national firm with offices in New York, New
Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities and shareholder lawsuits. For more information, please feel
free to contact any of the attorneys listed below. Attorney advertising.
Prior results do not guarantee similar outcomes.
[ Back To Technology News's Homepage ]