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SLTM Solta Medical, (MM)

2.93
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Solta Medical, (MM) NASDAQ:SLTM NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.93 0 01:00:00

Finkelstein Thompson LLP Investigates Potentially Unfair Buyout of Solta Medical, Inc.

16/12/2013 7:00pm

Business Wire


Solta Medical, (MM) (NASDAQ:SLTM)
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The law firm of Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Solta Medical, Inc. (Nasdaq: SLTM) (“Solta Medical” or “the Company”), concerning the Company’s proposed acquisition by Valeant Pharmaceuticals International, Inc. (NYSE: VRX). Under the terms of the proposal, Solta Medical shareholders will receive $2.92 in cash for each share of Solta Medical they own. At least one analyst has set a target price of $4.00 for Solta Medical shares. The entire transaction is valued at approximately $236 million.

The investigation is focused on whether Solta Medical’s Board of Directors breached its fiduciary duty in failing to maximize consideration to shareholders, the potential unfairness of the consideration to shareholders, the process by which the Board considered the transaction, and potential conflicts of interest among the Company’s Board members.

If you are interested in discussing your rights as a Solta Medical shareholder, or have information relating to this investigation, please contact Finkelstein Thompson’s Washington, DC offices at (877) 337-1050 or (202) 337-8000, or by email at contact@finkelsteinthompson.com.

Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in financial litigation, and has been appointed as lead or co-counsel in dozens of shareholder class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers.

To learn more about Finkelstein Thompson LLP, please visit our website at www.finkelsteinthompson.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Finkelstein Thompson LLPRosalee B. C. Thomas, 877-337-1050

1 Year Solta Medical, (MM) Chart

1 Year Solta Medical, (MM) Chart

1 Month Solta Medical, (MM) Chart

1 Month Solta Medical, (MM) Chart