Ryan & Maniskas, LLP Announces Investigation of ev3 Inc.
01 Giugno 2010 - 6:15PM
Business Wire
Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/ev3) has
commenced an investigation into possible breaches of fiduciary duty
and other violations of state law by members of the Board of
Directors of ev3 Inc. (“ev3” or the “Company”) (NASDAQ: EVVV) in
connection with their actions in causing ev3 to enter into a merger
agreement with Covidien PLC (“Covidien”).
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 ev3. For more information regarding our
investigation, please contact Ryan & Maniskas, LLP (Richard A.
Maniskas, Esquire) toll-free at (877) 316-3218 or by email at
rmaniskas@rmclasslaw.com or visit:
www.rmclasslaw.com/cases/ev3.
Under the terms of the definitive merger agreement, Covidien
will acquire all of the outstanding shares of ev3 for $22.50 per
share in cash, for a total of $2.6 billion, net of cash
acquired.
If you own shares of ev3 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 at (877) 316-3218 or to sign
up online, visit: www.rmclasslaw.com/cases/ev3. 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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