Harwood Feffer LLP Announces Investigation of Wright Medical Group, Inc.
Oct 28, 2014
NEW YORK, Oct. 28, 2014 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Wright Medical Group, Inc. ("Wright Medical" or the "Company") (NASDAQ: WMGI) concerning the proposed acquisition of the Company by Tornier NV ("Tornier").
Under the terms of the transaction, Tornier would acquire Wright Medical in a transaction valued at approximately $3.3 billion. Wright Medical shareholders are being offered 1.0309 shares of Tornier stock per Wright Medical share owned, consideration worth approximately $24.79 per share. Wright Medical's high over the past year was $33.80.
Our investigation concerns whether the Wright Medical 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 Wright Medical 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.
Craig Lowther
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
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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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