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Orthovita, Inc. Directors Face Lawsuit By Investor In Effort To Stop The Proposed Takeover

  • If you purchased shares of Orthovita, Inc. (NASDAQ:VITA) and currently continue to hold those NASDAQ:VITA shares, you have certain options and you should contact the Shareholders Foundation, Inc.

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Lawsuit Overview

An investor has filed a lawsuit in State Court against directors of Orthovita, Inc. seeking to block the proposed takeover of OrthoVita by Stryker Corp. According to the complaint the plaintiff alleges the defendants breached their fiduciary duties arising out of their attempt to sell OrthoVita too cheaply via an unfair process to Stryker Corporation. On May 16, 2011, Orthovita, In...



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