WeissLaw LLP Investigates IRIS International, Inc.

WeissLaw LLP Investigates IRIS International, Inc.

NEW YORK--(BUSINESS WIRE)-- WeissLaw LLP, a national class action and shareholder rights law firm with offices in New York City and Los Angeles, is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of IRIS International, Inc. (NAS: IRIS) arising from its agreement for IRIS to be acquired by Danaher Corporation (NYS: DHR) in a transaction valued at approximately $338 million. An affiliate of Danaher is expected to commence a tender offer for all of IRIS' outstanding common stock within seven days of September 17, 2012. IRIS' shareholders will receive $19.50 in cash for each share of IRIS stock. The acquisition is expected to be completed in the fourth quarter of 2012.

WeissLaw LLP is investigating whether IRIS' Board acted in the best interests of shareholders in approving this deal by adequately shopping the company to maximize value for IRIS shareholders. An analyst set a target price for IRIS stock above the tender offer price of $19.50, with a target set at $20.00. If you own IRIS shares and would like more information about your rights as a shareholder or additional information concerning our investigation, please contact Michael A. Rogovin either by telephone at (888) 593-4771 or by email at info@weisslawllp.com.

WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded institutions and individuals and obtained important corporate governance in these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or issuing materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at info@weisslawllp.com or fill out the form on our website, http://www.weisslawllp.com/contact/report_fraud/.

Attorney Advertising. Past results do not guarantee a similar outcome.

WeissLaw LLP
Michael A. Rogovin, Esq.
1500 Broadway, 16th Floor
New York, NY 10036
T: 212.682.3025
F: 212.682.3010

WeissLaw LLP
Michael A. Rogovin, (888) 593-4771

KEYWORDS:   United States  North America  New York


The article WeissLaw LLP Investigates IRIS International, Inc. originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story