Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating the acquisition of MAKO Surgical Corp. (“MAKO”) (NasdaqGS: MAKO) by Stryker Corporation for shareholders. Under the terms of the transaction, which is valued at approximately $1.65 billion, MAKO shareholders will only receive $30.00 per share.
If you are an affected investor, and you want to learn more about the lawsuit or join the action, please contact Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 239-4568, via email at WBriscoe@TheBriscoeLawFirm.com or Zach Groover at Powers Taylor LLP, toll free (877) 728-9607 or via e-mail at firstname.lastname@example.org. There is no cost or fee to you.
In the 20-week period prior to the merger announcement, MAKO shares increased in value over 56%. “Based on this, and other factors, we do not believe that the buyout price adequately takes into consideration future share value,” said shareholder rights attorney Willie Briscoe. The MAKO investigation centers on whether shareholders are receiving adequate compensation for their shares in the proposed deal, whether the transaction properly values MAKO stock, and whether MAKO’s board attempted to obtain the highest share price for all shareholders prior to agreeing to the deal.
The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.Powers Taylor LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.