|[February 05, 2014]
INVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation of ARTHROCARE CORPORATION and Its Board of Directors In Connection With the Sale of the Company to Smith & Nephew plc -- ARTC
NEW YORK --(Business Wire)--
Levi & Korsinsky is investigating the Board of Directors of ArthroCare
Corporation ("ArthroCare" or "the Company") (NasdaqGS: ARTC) for
possible breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to Smith & Nephew plc.
Click here to learn more about the investigation http://zlk.9nl.com/arthrocare-artc,
or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, ArthroCare sharehlders will receive
$48.25 for each share of ArthroCare stock they own. The transaction has
a total approximate value of $1.7 billion. The investigation concerns
whether the ArthroCare Board of Directors breached their fiduciary duty
to ArthroCare shareholders by failing to adequately shop the Company
before agreeing to enter into this transaction, and whether Smith &
Nephew plc is underpaying for ArthroCare shares.
If you own ArthroCare common stock and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email at email@example.com
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/arthrocare-artc.
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.
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