WILMINGTON, Del.--(BUSINESS WIRE)--Rigrodsky & Long, P.A.:
- Do you own shares of Alere Inc. (NYSE: ALR)?
- Did you purchase any of your shares prior to February 1, 2016?
- Do you think the proposed buyout price is too low?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Alere Inc. (“Alere” or the “Company”) (NYSE: ALR) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Abbott Laboratories (“Abbott”) (NYSE: ABT), in a transaction valued at approximately $5.8 billion.
Click here to learn more: http://rigrodskylong.com/investigations/alere-inc-alr.
Under the terms of the agreement, shareholders of Alere will receive $56.00 per share in cash.
The investigation concerns whether Alere’s board of directors failed to adequately shop the Company and obtain the best possible value for Alere shareholders before entering into the agreement with Abbott.
If you own the common stock of Alere and purchased your shares before February 1, 2016, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242, by e-mail at firstname.lastname@example.org, or at http://rigrodskylong.com/investigations/alere-inc-alr.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.
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