Harwood Feffer LLP Announces Investigation of Hansen Medical, Inc.

Apr 21, 2016

NEW YORK, April 21, 2016 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Hansen Medical, Inc. ("Hansen" or the "Company") (NASDAQ: HNSN) concerning the proposed acquisition of the Company by Auris Surgical Robotics, Inc. ("Auris").

Harwood Feffer LLP.

Under the terms of the offer, the Auris would acquire Lexmark in a transaction valued at approximately $80 million.  Pursuant to the deal, Hansen stockholders will receive $4 in cash per share.  Hansen stock traded above the offer price as recently as September 2015.        

Our investigation concerns whether the Hansen board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders. 

If you own Hansen shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Benjamin I. Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.

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SOURCE Harwood Feffer LLP