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ST. JUDE SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of St. Jude Medical Inc. (STJ) Over the Proposed Sale of the Company to Abbott
[May 04, 2016]

ST. JUDE SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of St. Jude Medical Inc. (STJ) Over the Proposed Sale of the Company to Abbott


Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of St. Jude Medical Inc. ("St. Jude" or the "Company") (NYSE:STJ) for potential breaches of fiduciary duties in connection with the sale of the Company to Abbott for approximately $25 billion.

The Company's stockholders will only receive $46.75 in cash and 0.8708 shares of Abbott common stock for each share of St. Jude Medical common stock they own.

Click here for more information: www.faruqilaw.com/STJ. There is no cost or obligation to you.

The investigation focuses on whether St. Jude's Board of Directors breached their fiduciary duties to the Company's stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of St. Jude's shareholders.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm's clients. To keep track of the latest securities litigation news, follow us on Twitter (News - Alert) at www.twitter.com/MergerActivity or on Facebook (News - Alert) at www.facebook.com/FaruqiLaw.



If you own common stock in St. Jude and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/STJ or contact Juan Monteverde, Esq. either via e-mail at [email protected] or by telephone at (877) 247-4292 or (212) 983-9330.

Attorney Advertising. (C) 2016 Faruqi & Faruqi, LLP. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We are happy to discuss your particular case.



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