Faruqi & Faruqi, LLP’s national practice focuses on complex civil litigation. The firm practices in the areas of Securities, Merger & Transactional, Shareholder Derivative, Antitrust, Consumer Class Action, and Wage & Hour litigation.
Thursday, May 14, 2015
Faruqi & Faruqi Investigation: Pall Corporation
PALL CORP. INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Pall Corp. Over the Proposed Sale of the Company to Danaher Corp. - PLL
May 13, 2015 – Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Pall Corp. (“Pall” or the “Company”) (NYSE: PLL) for potential breaches of fiduciary duties in connection with the sale of the Company to Danaher Corp. (“Danaher Corp.”) (NYSE: DHR) for approximately $13.8 billion. The Company’s stockholders will receive $127.80 in cash for each share of Pall Corp. common stock they own.
The investigation focuses on whether Pall’s Board of Directors breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of Pall’s shareholders.
If you own common stock in Pall and wish to obtain additional information and protect your investments free of charge, please contact F&F's Juan E. Monteverde, Esq. either via e-mail at email@example.com or by telephone at (877) 247-4292 or (212) 983-9330.