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SHAREHOLDER ALERT: Brower Piven Launches An Investigation Into The Proposed Sale Of Cimatron Ltd. And Encourages Investors To Contact The Firm For Additional Information
[November 26, 2014]

SHAREHOLDER ALERT: Brower Piven Launches An Investigation Into The Proposed Sale Of Cimatron Ltd. And Encourages Investors To Contact The Firm For Additional Information


The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Cimatron (News - Alert) Ltd. ("Cimatron" or the "Company") (Nasdaq: CIMT) relating to the proposed buyout of the Company by 3D Systems Corporation ("3D").

On November 24, 2014, Cimatron and 3D announced the signing of a definitive agreement pursuant to which 3D will acquire Cimatron in a transaction valued at approximately $97 million. Under the terms of the transaction, Cimatron shareholders are anticipated to receive $8.97 in cash for each share of Cimatron common stock they own. The transaction is expected to close in the first quarter of 2015, though Cimatron shareholders will most likely be asked to vote on the transaction well before hat time.



The firm's investigation seeks to determine, among other things, whether the Company's Board of Directors failed to satisfy their duties to shareholders, including whether the Board adequately pursued alternatives to the acquisition and whether the Board obtained the best price possible for the Company's shares of common stock. In particular, according to Yahoo! Finance, at least one Wall Street analyst has issued a price target for Cimatron stock at $10.00 per share. Moreover, Cimatron stock has traded as high as $10.75 in March 2014.

If you currently own common stock of Cimatron and would like to learn more about the investigation being conducted by Brower Piven, without cost or obligation to you, please visit our website at http://www.browerpiven.com/currentinvestigations.html. You may also request more information by contacting Brower Piven either by email at [email protected] or by telephone at (410) 415-6616.


Attorneys at Brower Piven have extensive experience in litigating securities and other class action cases and have been advocating for the rights of shareholders since the 1980s.


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