The Briscoe Law Firm, PLLC And Cash Powers Taylor, LLP Announce Shareholder Investigation Into The Acquisition Of Somanetics Corporation By Covidien Plc

The Briscoe Law Firm, PLLC, founded by a former state prosecutor and enforcement attorney for the United States Securities and Exchange Commission, and the law firm of Cash Powers Taylor, LLP are investigating potential legal claims against the Board of Directors of Somanetics Corporation (NASDAQ: SMTS) relating to the proposed acquisition of Somanetics by Covidien plc (NYSE: COV).

The definitive merger agreement, which was announced on Monday, June 21, 2010, involves a cash transaction valued at approximately $300 million in which a wholly-owned subsidiary of Covidien will purchase all of the outstanding shares of Somanetics for $25.00 per share. The investigation relates to possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Somanetics for approving this transaction, whether the consideration to be received by Somanetics shareholders is fair, and whether Somanetics’s Board of Directors acted in the shareholders’ best interests.

If you currently own shares of Somanetics and would like additional information regarding this investigation, or if you have information regarding the allegations involving this transaction, please contact Patrick Powers at Cash Powers Taylor, LLP, toll free [phone], via e-mail at [e-mail], or The Briscoe Law Firm at [phone], or via email at [e-mail]. There is no cost or fee to you.

The Briscoe Law Firm is a full service business litigation, commercial transaction, and public advocacy firm with more than 20 years of experience in complex litigation and transactional matters and extensive experience managing governmental relations and strategic communications advocacy efforts in a variety of areas including telecommunications, energy, transportation, renewable energy incentives and municipal governments.

Cash Powers Taylor, LLP is a boutique litigation and corporate transactional law firm that handles a variety of complex commercial and business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, high-profile business disputes, shareholder derivative suits, and security class actions.