Investigation On Behalf Of Mentor Corporation (NYSE:MNT) Investors By A Law Firm Concerning Potential Breach Of Fiduciary Duty By The Board Of Mentor Corp. Over Proposed Acquisition Johnson & Johnson Announced
Investigation Announced - Contact the Shareholders Foundation, Inc at Mail@ShareholdersFoundation.com Or Go To www.ShareholdersFoundation.com To Find Out More
According to a press release a law firm is currently investigating on behalf current investors of Mentor Corporation (NYSE:MNT) potential breaches of fiduciary duty by the board of directors of Mentor Corp. over proposed acquisition by Johnson & Johnson (NYSE:JNJ).
If you currently own Mentor Corporation (NYSE:MNT) shares, or have information relating to this investigation of the law firm, you should contact the Shareholders Foundation, Inc. immediately!
Shareholders Foundation, Inc.
3111 Camino del Rio North
– Suite 423 –
San Diego, CA 92108
Fax: +1-(858)-605-5739(Facsimile)
According to the press release the investigation focuses on possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Mentor Corp. (NYSE:MNT) arising out of their attempt to sell the Mentor Corp to Johnson & Johnson (NYSE:JNJ). Under the terms of the agreement, Mentor Corp. shareholders will receive $31 for each share of Mentor Corp. stock they own for a total deal value of approximately $1.12 billion. According to the investigation the price is unfair given that Mentor Corp.’s stock(NYSE:MNT) traded as high as $31.44 as recently as June 17, 2008 and traded over $40 per share in January 2008.
If you currently own Mentor Corporation (NYSE:MNT) shares, or have information relating to this investigation of the law firm, you should contact the Shareholders Foundation, Inc. immediately!
Shareholders Foundation, Inc.
Allen Trevor
3111 Camino Del Rio North - Suite 423 -
92108 San Diego
Tel:+1-(858)-779-1554
Fax:+1-(858)-605-5739 Mail@ShareholdersFoundation.com www.ShareholdersFoundation.com
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