Science & Technology
Tue, May 10, 2011Mon, May 9, 2011Sun, May 8, 2011Sat, May 7, 2011Fri, May 6, 2011Thu, May 5, 2011Wed, May 4, 2011Tue, May 3, 2011The Law Office of Joseph Klein is Investigating Possible Breaches of Fiduciary Duty by the Board of Vital Images, Inc. in Conne
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Published in Science and Technology on Thursday, May 5th 2011 at 17:40 GMT by Market Wire🞛 This publication is a summary or evaluation of another publication
NEW YORK--([ BUSINESS WIRE ])--The Law Office of Joseph Klein is investigating the Board of Directors of Vital Images, Inc. (Nasdaq: VTAL) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to a subsidiary of Toshiba Medical Systems Corporation. Under the terms of the proposed deal, Vital Images shareholders will $18.75 in cash per share for a total transaction value of approximately $273 million.
The investigation concerns whether the Vital Images Board of Directors breached their fiduciary duties to Vital Images stockholders by failing to adequately shop the Company before entering into this transaction and whether Toshiba Medical is underpaying for Vital Images shares. At least one analyst set a price target of $19.00 per share of Vital Images stock.
If you own common stock in Vital Images and wish to obtain additional information, please contact Joseph Klein, Esq. directly, via email at [ jk@jkleinlawfirm.com ], by telephone at 718-947-0005, Toll Free: 877-STOK-180, or visit [ http://www.jkleinlawfirm.com/vital-images.html ].
Joseph Klein, Esq. is an experienced attorney and has also practiced as a Certified Public Accountant. Mr. Klein represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.