Law Office of Brodsky & Smith, LLC Announces Investigation of SonoSite, Inc.

Loading...
Loading...
BALA CYNWYD, Pa.--(BUSINESS WIRE)--

Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of SonoSite, Inc. (“SonoSite” or the “Company”) SONO relating to the proposed acquisition FUJIFILM Holding Corporation (“FUJIFILM”).

Under the terms of the transaction, SonoSite shareholders would receive $54.00 in cash for each share of SonoSite common stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of SonoSite for not acting in SonoSite shareholders' best interests in connection with the sale process to FUJIFILM. Consequently, it has been reported that SonoSite's existing management will continue to manage the company after the completion of the transaction.

If you own shares of SonoSite and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at investorrelations@brodsky-smith.com, visiting http://brodsky-smith.com/370-sono-sonosite-inc.html, or by calling toll free 877-LEGAL-90.

Brodsky & Smith, LLC
Jason L. Brodsky, Esquire
Evan J. Smith, Esquire
877-LEGAL-90
investorrelations@brodsky-smith.com
http://brodsky-smith.com/370-sono-sonosite-inc.html

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: Press Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...