Stratasys, Inc. : Rigrodsky & Long, P.A. Announces Investigation Of Stratasys, Inc. Buyout
06/25/2012| 08:05pm US/Eastern
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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 info@rigrodskylong.com,
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.
Rigrodsky & Long, P.A.
Peter Allocco
888-969-4242
516-683-3516
Fax:
302-654-9430
info@rigrodskylong.com
http://www.rigrodskylong.com
© Business Wire 2012
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