NEW YORK, Sept. 2, 2015 /PRNewswire/ -- Harwood Feffer LLP
(www.hfesq.com) is investigating potential claims against the board
of directors of Synergetics USA,
Inc. ("Synergetics" or the "Company") (NASDAQ: SURG) concerning the
proposed acquisition of the Company by Valeant Pharmaceuticals
International, Inc. ("Valeant") (NYSE: VRX).
Under the terms of the agreement between the companies, Valeant
will promptly commence a tender offer to acquire all outstanding
shares of Synergetics' common stock for $6.50 per share in cash plus one contingent value
right entitling the stockholder to receive up to $1.00 per share if specified sales thresholds for
Synergetics are achieved following the closing.
Our investigation concerns whether the Synergetics board of
directors is fulfilling its fiduciary duties, maximizing the value
of the Company, disclosing all material benefits and costs, and
obtaining full and fair consideration for Company
stockholders.
If you own Synergetics shares and wish to discuss this matter
with us, or have any questions concerning your rights and interests
with regard to this matter, please contact:
James G. Flynn, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: jflynn@hfesq.com
Website: http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been
representing individual and institutional investors for many years,
serving as lead counsel in numerous cases in federal and state
courts. Please visit the Harwood Feffer LLP website
(http://www.hfesq.com) for more information about the firm.
Attorney Advertising. The law firm responsible for this
advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results
do not guarantee or predict a similar outcome with respect to any
future matter.
Logo -
http://photos.prnewswire.com/prnh/20120215/MM54604LOGO
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/harwood-feffer-llp-announces-investigation-of-synergetics-usa-inc-300137210.html
SOURCE Harwood Feffer LLP