SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Investigation of Given Imaging Ltd.
15th December, 2013
December 14, 2013 09:15 AM Eastern Standard Time BALA CYNWYD, Pa.--Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Given Imaging Ltd. (“Given Imaging” or the “Company”) (Nasdaq: GIVN) relating to the proposed acquisition by Covidien PLC. (“Covidien”).There is no cost or obligation to you. Under the terms of the transaction, Given Imaging shareholders will receive only $30.00 in cash for each share of Given Imaging stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Given Imaging for not acting in the Company’s shareholders' best interests in connection with the sale process. The investigation seeks to determine if the Given Imaging Board of Directors failed to conduct an adequate auction process and as a result harmed the Given Imaging shareholders by undervaluing their Company. If you own shares of Given Imaging common stock and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004. Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and case action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.