Bernstein Liebhard LLP Announces Investigation of Immucor, Inc.
July 5, 2011
Bernstein Liebhard LLP is investigating whether the Board of Directors of Immucor, Inc. (“Immucor” or the “Company”) (NASDAQ: BLUD) breached its fiduciary duty to its shareholders in agreeing to sell Immucor to investment funds managed by TPG Capital.
Under the terms of the agreement, Immucor shareholders will receive $27.00 in cash for each share they own. The investigation is focused on the potential unfairness of the price to Immucor shareholders and the process by which the Immucor Board of Directors considered and approved the transaction.
If you are interested in discussing your rights as an Immucor shareholder and/or have information relating to the matter, please contact U. Seth Ottensoser at (877) 779-1414 or Ottensoser@bernlieb.com.
Bernstein Liebhard has pursued hundreds of securities, consumer and shareholder rights cases and recovered almost $3 billion for its clients. It has been named to The National Law Journal’s “Plaintiffs’ Hot List” in each of the last eight years.