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Steiner Leisure Ltd. (STNR)

Steiner Leisure Ltd. (STNR)


Faruqi & Faruqi, LLP Announces the Investigation of Steiner Leisure Ltd. (STNR) Over the Proposed Sale of the Company to Catterton

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Steiner Leisure Ltd. (“Steiner” or the “Company”) (NasdaqGS:STNR) for potential breaches of fiduciary duties in connection with the sale of the Company to Catterton for approximately $834 million in a cash transaction.

The Company’s stockholders will only receive $65.00 for each share of Company common stock they own. . The offer represents a negligible premium over the Company’s opening price per share of $63.80 on August 25, 2015 and is below at least one analyst price target of $67.00 per share.

If you own common stock in Steiner and wish to obtain additional information and protect your investments free of charge, please fill pout 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:
    Steiner Leisure Ltd. (STNR)

* 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


  • 08/25/2015

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