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IRIS International, Inc. Investor Alert: Lawsuit to Block Buyout filed
A lawsuit for investors in shares of IRIS International, Inc. was filed in effort to stop the proposed takeover and NASDAQ-IRIS stockholders should contact the Shareholders Foundation.
Investors who purchased shares of the IRIS International, Inc. prior to September 17, 2012, and currently hold any of those NASDAQ-IRIS shares have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The plaintiff alleges that the defendants breached their fiduciary duties owed to NASDAQ-IRIS investors arising out of the attempt to sell the company too cheaply via an unfair process to Danaher Corporation.
On September 17, 2012, IRIS International, Inc. announced that it has entered into a merger agreement under which Danaher Corporation will acquire IRIS International for $19.50 per share in cash.
In fact, IRIS International’
Furthermore, within one year shares of IRIS International, Inc. grew from $7.89 per share in September 2011 to $13.42 per share on September 14, 2012.
Those who are current investors in IRIS International, Inc. and purchased their IRIS International, Inc. shares prior to the announcement, have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.