Goldfarb Branham LLP is investigating HealthGrades (NasdaqGS: HGRD) and its Board of Directors due to the potentially unfair sale of the Company to Vestar Capital Partners. Under the terms of the transaction, HealthGrades shareholders will receive $8.20 per share. Shareholders with concerns are urged to contact Hamilton Lindley at 877-583-2855 or hlindley@goldfarbbranham.com.

“The transaction appears to be unfair because the offer price is only a small premium over the $7.89 price that the Company’s shares traded at as recently as May 10, 2010,” stated lawyer Hamilton Lindley. “Other factors of concern to shareholders include approximately 21% of the stock is owned by executive officers who have already promised to tender their shares.”

If you have information or concerns about this transaction, you are encouraged to contact attorney Hamilton Lindley at 877-583-2855 or by email at hlindley@goldfarbbranham.com. Goldfarb Branham LLP has significant experience representing shareholders in unfair buyout cases nationwide. The firm provides nimble, creative and effective counsel at all stages of litigation.

Copyright Business Wire 2010