SHAREHOLDER ALERT: Law Firm of Levi & Korsinsky, LLP Notifies Investors of Wright Medical Group, Inc. of Class Action Against Board of Directors of the Company Regarding the Fairness of the Sale of the Company to Tornier NV -- WMGI

NEW YORK, Dec. 1, 2014 (GLOBE NEWSWIRE) -- Levi & Korsinsky is investigating the Board of Directors of Wright Medical Group, Inc. ("Wright Medical" or "the Company") WMGI for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Tornier NV. A complaint was filed in Delaware state court.

Click here to learn more about the action: http://zlk.9nl.com/wright-medical-wmgi.

Under the terms of the transaction, Wright Medical shareholders will receive 1.0309 Tornier common shares for each share of Wright Medical stock they own, representing an approximate value of $24.79 per share, based on Tornier's recent closing price. The claims concern whether the Board of Wright Medical breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Tornier NV is underpaying for Wright Medical shares. In particular, at least one analyst has set a price target for Wright stock at $40 per share.

If you own Wright Medical common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/wright-medical-wmgi.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.