|[February 03, 2014]
ARTHROCARE CORPORATION SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
WILMINGTON, Del. --(Business Wire)--
Rigrodsky & Long, P.A.:
Do you own shares of ArthroCare Corporation (NASDAQ GS: ARTC)?
Did you purchase any of your shares prior to February 3, 2014?
Do you think the proposed buyout price is too low?
Do you want to discuss your rights?
& Long, P.A. announces that it is investigating potential legal
claims against the board of directors of ArthroCare Corporation
("ArthroCare" or the "Company") (NASDAQ GS: ARTC)
regarding possible breaches of fiduciary duties and other violations of
law related to the Company's entry into an agreement to be acquired by
Smith & Nephew, Inc. ("Smith & Nephew"), in a transaction valued at
approximatel $1.3 billion.
Click here to learn more: http://www.rigrodskylong.com/investigations/arthrocare-corporation-artc.
Under the terms of the agreement, public shareholders of ArthroCare will
receive $48.50 per share in cash for each share of ArthroCare they own.
The investigation concerns whether ArthroCare's board of directors
failed to adequately shop the Company and obtain the best possible value
for ArthroCare's shareholders before entering into an agreement with
Smith & Nephew. According to Yahoo! Finance, at least one analyst has
issued a price target for ArthroCare stock at $60.00 per share.
If you own the common stock of ArthroCare and purchased your shares
before February 3, 2014, if you have information or would like to learn
more about these claims, or if you wish to discuss these matters or have
any questions concerning this announcement or your rights or interests
with respect to these matters, please contact Seth D. Rigrodsky or Gina
M. Serra at Rigrodsky & Long, P.A., 825 East Gate Boulevard, Suite 300,
Garden City, New York 11530; by telephone at (888) 969-4242; or by
e-mail to firstname.lastname@example.org, or
& Long, P.A., with offices in Wilmington, Delaware and Garden
City, New York, regularly prosecutes securities
class, derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in states
and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar outcome.
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