NEW YORK, May 10, 2017 /PRNewswire/ -- Juan
Monteverde, founder and managing partner at Monteverde &
Associates PC, a boutique securities class action firm
headquartered at the Empire State Building in New York City, is investigating Span-America
Medical Systems, Inc. ("Span-America" or "the Company") (NASDAQ:
SPAN) and its Board of Directors for potential securities laws
violations and/or breaches of fiduciary duties in connection with
the sale of the Company to Savaria Corporation ("Savaria ")(TSE:
SIS). The Company's stockholders will only receive $29.00 in cash for each Span-America share they
own.
Click here for more information:
http://monteverdelaw.com/investigations/m-a/. It is free
and there is no cost or obligation to you.
The investigation focuses on whether Span-America and its Board
of Directors violated securities laws and/or breached their
fiduciary duties to the Company's stockholders by 1) failing to
conduct a fair process and 2) whether and by how much this proposed
transaction undervalues the Company.
Monteverde & Associates PC is a boutique class action
securities and consumer litigation law firm that has recovered
millions of dollars and is committed to protecting
shareholders and consumers from corporate wrongdoing.
Monteverde & Associates PC lawyers have significant experience
litigating Mergers & Acquisitions and Securities Class Actions,
whereby they protect investors by recovering money and remedying
corporate misconduct.
If you own common stock in Span-America and wish to obtain
additional information and protect your investments free of charge,
please visit us at www.monteverdelaw.com/investigations/m-a/
or contact Juan E. Monteverde,
Esq. either via e-mail at jmonteverde@monteverdelaw.com or
by telephone at (212) 971-1341.
Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341
Attorney Advertising. (C) 2017 Monteverde & Associates
PC. The law firm responsible for this advertisement is
Monteverde & Associates PC (www.monteverdelaw.com). Prior
results do not guarantee a similar outcome with respect to any
future matter.
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SOURCE Monteverde & Associates PC