INVESTOR ALERT: LEVI & KORSINSKY, LLP Announces Investigation of ARTHROCARE
CORPORATION and Its Board of Directors In Connection With the Sale of the
Company to Smith & Nephew plc
NEW YORK -- February 4, 2014
Levi & Korsinsky is investigating the Board of Directors of ArthroCare
Corporation (“ArthroCare” or “the Company”) (NasdaqGS: ARTC) for possible
breaches of fiduciary duty and other violations of state law in connection
with the sale of the Company to Smith & Nephew plc.
Click here to learn more about the investigation
http://zlk.9nl.com/arthrocare-artc, or call: 877-363-5972. There is no cost or
obligation to you.
Under the terms of the transaction, ArthroCare shareholders will receive
$48.25 for each share of ArthroCare stock they own. The transaction has a
total approximate value of $1.7 billion. The investigation concerns whether
the ArthroCare Board of Directors breached their fiduciary duty to ArthroCare
shareholders by failing to adequately shop the Company before agreeing to
enter into this transaction, and whether Smith & Nephew plc is underpaying for
If you own ArthroCare common stock and wish to obtain additional information,
please contact Joseph E. Levi, Esq. either via email at email@example.com or by
telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit
Levi & Korsinsky is a national firm with offices in New York, New Jersey,
Connecticut and Washington D.C. The firm’s 26 attorneys have extensive
expertise in prosecuting securities litigation involving financial fraud,
representing investors throughout the nation in securities and shareholder
lawsuits. For more information, please feel free to contact any of the
attorneys listed below. Attorney advertising. Prior results do not guarantee
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
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