Faruqi & Faruqi, LLP Announces Investigation of Gerber Scientific, Inc. - GRB
14 Junho 2011 - 7:00PM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating and monitoring the
conduct of the Board of Directors of Gerber Scientific, Inc.
(“Gerber” or the “Company”) (NYSE: GRB) in relation to the sale of
the Company to Vector Capital Corp. for about $282 million. The
proposed transaction offers Gerber’s shareholders $11.00 per share
in cash. The proposed cash consideration represents an approximate
24% premium over Gerber’s average 30-day closing price, though
Gerber’s stock value increased by 45% over the past 12 months.
Request more information now by clicking here:
www.faruqilaw.com/GRB
Whether Gerber’s Board of Directors breached their fiduciary
duties to Gerber’s stockholders by failing to conduct an adequate
and fair sales process to sell the Company prior to agreeing to
this proposed transaction, whether the proposed transaction
undervalues Gerber’s shares and by how much this proposed
transaction undervalues the Company to the detriment of Gerber’s
shareholders are the key focus of this investigation.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The firm is
focused on providing exemplary legal services in complex litigation
in the areas of securities, shareholder, antitrust and consumer
litigation, through all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm’s clients.
If you own common stock in Gerber and wish to obtain additional
information, please visit us at www.faruqilaw.com/GRB or contact
Juan E. Monteverde, Esq. either via e-mail at
jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or
(212) 983-9330.
Attorney Advertising. (C) 2011 Faruqi & Faruqi, LLP. The law
firm responsible for this advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter. We are happy to
discuss your particular case.
Gerber Scientific (NYSE:GRB)
Gráfico Histórico do Ativo
De Out 2024 até Out 2024
Gerber Scientific (NYSE:GRB)
Gráfico Histórico do Ativo
De Out 2023 até Out 2024
Notícias em tempo-real sobre Gerber Scientific Inc. da New York Stock Exchange bolsa de valores: 0 artigos recentes
Mais Notícias de Faruqi & Faruqi, LLP