Shareholder Rights Law Firm Gilman Law LLP has commenced a breach of fiduciary duty investigation on behalf of current shareholders of IntegraMed America, Inc. (Nasdaq: INMD) (“IntegraMed”) and other violations of state law by the board of directors of IntegraMed relating to the proposed buyout of the company by affiliates of the investment firm Sagard Capital Partners, L.P. (“Sagard Capital”). Gilman Law LLP’s investigation focuses on determining whether the board breached its fiduciary duties by failing to maximize shareholder value in the proposed InregraMed Acquisition. Join the IntegraMed American Acquisition Lawsuit
About the IntegraMed American Acquisition Lawsuit IntegraMed announced on June 11, 2012, that it had entered into a definitive agreement allowing Sagard Capital to acquire IntegraMed America for approximately $169.5 million. Under the terms of the IntegraMed buyout transaction, IntegraMed shareholders will receive $14.05 for each share of IntegraMed common stock held. According to sources, analysts have set a mean price target of $15.50. At least one analyst has set a high price target of $17.00 per share. About the Shareholder Rights Law Firm Gilman Law LLP IntegraMed shareholders who would like to learn more about the investigation may contact the Securities Attorneys at Gilman Law LLP for a free consultation, with no cost or obligation to you. Our Securities Attorneys have over 33 years of experience in securities litigation, securities arbitration, mergers & acquisitions, shareholder disputes, and other types of violations of securities laws.
Shares of IntegraMed America (Nasdaq:INMD) have taken a tremendous swing upward. The stock is trading at $13.71 as of 9:55 a.m. ET, 20.9% above Friday's closing price of $11.34. Volume is at 476,658, 22.5 times the daily average of 21,200.