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VTAL Vital Images, Inc. (MM)

18.79
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Vital Images, Inc. (MM) NASDAQ:VTAL 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% 18.79 0 00:00:00

Faruqi & Faruqi, LLP Announces Shareholder Investigation Related to the Acquisition of Vital Images, Inc. - VTAL

05/05/2011 9:38pm

Business Wire


Vital Images (NASDAQ:VTAL)
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Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Vital Images, Inc. (“Vital Images” or the “Company”) (NasdaqGS: VTAL) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to a subsidiary of Toshiba Medical Systems Corporation for approximately $273 million through a cash tender offer followed by a merger. The proposed transaction offers Vital Images shareholders $18.75 per share in cash.

Request more information now by clicking here: www.faruqilaw.com/VTAL

Whether the Vital Images’ Board of Directors breached their fiduciary duties to Vital Images’ stockholders by failing to conduct an adequate and fair sales process to sell the Company prior to agreeing to this proposed transaction, whether the proposed transaction undervalues Vital Images’ shares and by how much this proposed transaction undervalues the Company to the detriment of Vital Images shareholders are the key focus of this investigation.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, through all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm’s clients.

If you own common stock in Vital Images and wish to obtain additional information, please visit us at www.faruqilaw.com/VTAL or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

Attorney Advertising. (C) 2011 Faruqi & Faruqi, LLP. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We are happy to discuss your particular case.

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