NEW YORK -- (Business Wire)
Weiss & Lurie, a national class action and shareholder rights law firm
with offices in New York City and Los Angeles, is investigating possible
breaches of fiduciary duty and other violations of law by the Board of
Directors of Immucor, Inc. (Nasdaq: BLUD), arising from its proposed
acquisition by TPG Capital.
Under the acquisition agreement, Immucor shareholders will receive $27
per share. Through its affiliate, IVD Acquisition Corp., TPG expects to
commence a tender offer for all outstanding shares of Immucor no later
than July 15, 2011. The acquisition is expected to close in the second
half of 2011.
Weiss & Lurie is investigating whether Immucor’s Board acted in the best
interests of shareholders in approving the acquisition and whether the
Board properly sought to maximize shareholder value. Before the deal was
announced, at least one analyst had set a price target of $28 for
Immucor.
If you own Immucor shares and would like more information about your
rights as a shareholder or additional information concerning our
investigation, please contact Julia J. Sun either by email at info@weisslurie.com
or by telephone at (888) 593-4771.
Weiss & Lurie has litigated hundreds of stockholder class and derivative
actions for violations of corporate and fiduciary duties. We have
recovered over a billion dollars for defrauded institutions and
individuals and obtained important corporate governance in these cases.
If you have information or would like legal advice concerning possible
corporate wrongdoing (such as insider trading, waste of corporate
assets, accounting fraud, or issuing materially misleading press
releases or SEC filings), consumer fraud (such as false advertising,
defective products, or other deceptive business practices), or
anti-trust violations, please email us at info@weisslurie.com
or fill out the form on our website, http://www.weisslurie.com/contact/report_fraud/.
Attorney Advertising. Past results do not guarantee a similar outcome.
Contacts:
Weiss & Lurie
Julia J. Sun, Esq.
1500 Broadway, 16th
Floor
New York, NY 10036
T: 212-682-3025
F: 212-682-3010
www.weisslurie.com
Source: Weiss & Lurie
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