Ryan & Maniskas, LLP Announces Investigation of ATS Medical, Inc.
30 Aprile 2010 - 12:52AM
Business Wire
Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/atsi) has
commenced an investigation into possible breaches of fiduciary duty
and other violations of state law by members of the Board of
Directors of ATS Medical, Inc. (“ATS Medical” or the “Company”)
(NASDAQ: ATSI) in connection with their actions in causing ATS
Medical to enter into a merger agreement with Medtronic, Inc.
Our investigation concerns possible breaches of fiduciary duty
and other violations of law related to approval of the transaction
by Company’s board of directors; in particular, whether the Company
undertook a fair process to obtain fair consideration for all
shareholders of ATS Medical. For more information regarding our
investigation please contact Richard A. Maniskas, Esquire
toll-free: (877) 316-3218 or visit:
www.rmclasslaw.com/cases/atsi.
Under the terms of the transaction, ATS Medical shareholders
will receive $4.00 in cash for each share of ATS they own.
If you own shares of ATS Medical and would like to learn more
about these claims or if you wish to discuss these matters and have
any questions concerning this announcement or your rights, contact
Richard A. Maniskas, Esquire toll-free: (877) 316-3218 or visit:
www.rmclasslaw.com/cases/atsi. You may also email Mr. Maniskas at
rmaniskas@rmclasslaw.com. For more information about class action
cases in general, please visit our website: www.rmclasslaw.com.
Ryan & Maniskas, LLP is a national shareholder litigation
firm. Ryan and Maniskas, LLP is devoted to protecting the interests
of individual and institutional investors in shareholder actions in
state and federal courts nationwide.
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