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Rigrodsky & Long, P.A. Announces Investigation Of Stratasys, Inc. Buyout
Published on Monday, 25 June 2012 20:04 Written by TradersHuddle Staff
WILMINGTON, Del.-( Business Wire )-Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Stratasys, Inc. (“Stratasys” or the “Company”) (NASDAQ GS: SSYS) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Objet Ltd. (“Objet”).
Click here to learn more: http://www.rigrodskylong.com/investigations/stratasys-inc-ssys.
Under the terms of the proposal, public shareholders of Stratasys will receive one Objet ordinary share for each share of Stratasys common stock they own, and Objet will change its name to Stratasys Ltd. The transaction has a combined equity value of approximately $1.4 billion.
The investigation concerns whether Stratasys’s board of directors failed to adequately shop the Company and obtain the best possible value for Stratasys’s shareholders before entering into an agreement with Objet.
If you own the common stock of Stratasys and purchased your shares before June 11, 2012, 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 Peter Allocco at Rigrodsky & Long, P.A., 825 East Gate Boulevard, Suite 300, Garden City, New York 11530 toll free at (888) 969-4242, by e-mail to This e-mail address is being protected from spambots. You need JavaScript enabled to view it. , or at: http://www.rigrodskylong.com/investigations/stratasys-inc-ssys.
Rigrodsky & 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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