BALA CYNWYD, Pa., Dec. 19, 2014 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Volcano
Corporation ("Volcano" or "the Company") (Nasdaq- VOLC- News) for
possible breaches of fiduciary duty and other violations of state
law in connection with the sale of the Company to Royal Phillips ("Phillips").
Click here to learn more about the investigation
http://brodsky-smith.com/869-volc-volcano-corporation.html, or
call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Volcano shareholders will
receive only $18.00 in cash for each
share of Volcano stock they own. The investigation concerns whether
the Board of Volcano breached their fiduciary duties to
stockholders by failing to adequately shop the Company before
agreeing to enter into this transaction, and whether Phillips is
underpaying for Volcano. The transaction may undervalue Volcano and
will result in a loss for many long-term Volcano shareholders. For
example, VOLC stock traded at $22.59
per share on May 21, 2014 and traded
at over $29.00 per share on
November 2, 2012.
If you own shares of Volcano common stock and wish to discuss
the legal ramifications of the investigation, or have any
questions, you may e-mail or call the law office of
Brodsky & Smith, LLC who will, without obligation or cost
to you, attempt to answer your questions. You may contact
Jason L. Brodsky, Esquire or
Evan J. Smith, Esquire at Brodsky
& Smith, LLC, Two Bala Plaza, Suite 510, Bala
Cynwyd, PA 19004, by e-mail
at investorrelations@brodsky-smith.com, by visiting
http://brodsky-smith.com/869-volc-volcano-corporation.html, or
calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive
expertise representing shareholders throughout the nation in
securities and class action lawsuits. The attorneys at Brodsky
& Smith have been appointed by numerous courts throughout the
country to serve as lead counsel in class actions and have
successfully recovered millions of dollars for our clients and
shareholders. Attorney advertising. Prior results do not guarantee
a similar outcome.
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SOURCE Brodsky & Smith, LLC