NEW YORK, Feb. 6, 2014 /PRNewswire/ -- 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.
(Logo: http://photos.prnewswire.com/prnh/20120409/MM84375LOGO
)
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 shareholders 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 jlevi@zlk.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.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
SOURCE Levi & Korsinsky, LLP
