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Lumenis Ltd. (LMNS)



Faruqi & Faruqi, LLP Announces the Investigation of Lumenis Ltd. (LMNS) Over the Proposed Sale of the Company to XIO Group

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Lumenis Ltd. (“Lumenis” or the “Company”) (NASDAQGS:LMNS) for potential breaches of fiduciary duties in connection with the sale of the Company to XIO Group for approximately $510 million.  The Company’s stockholders will only receive $14.00 per share in cash for each share of Company common stock they own.

However, at least one analyst opinion sets the value of Lumenis’ shares at $18.00 per share. Furthermore, the low target share price for the Company is set at $14.00.

If you own common stock in Lumenis and wish to obtain additional information and protect your investments free of charge, please fill out the form below or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

Request Information

Please tell us about yourself by completing the form below and we will provide you with additional
information at no cost to you on how to join the Class Action.

  • Company:
    Lumenis Ltd. (LMNS)

* The submission of this form does not create an attorney-client relationship.

Contact Counsel

Juan E. Monteverde
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330


Case Details


  • 06/18/2015

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