Press release from Business Wire
Ryan & Maniskas, LLP Announces Investigation of Illumina, Inc.
Thursday, January 26, 2012
Ryan & Maniskas, LLP Announces Investigation of Illumina, Inc.19:05 EST Thursday, January 26, 2012
WAYNE, Pa. (Business Wire) -- Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/ilmn)
is investigating potential claims against the board of directors of
Illumina, Inc. ("Illumina" or the "Company") (NASDAQ: ILMN) concerning
possible breaches of fiduciary duty and other violations of law relating
to the proposed acquisition by Roche Holding AG (“Roche”).
Our investigation concerns the board of directors' process for
consideration of the proposed transaction, and whether Illumina is
acting in its shareholders' best interests by refusing to enter into
negotiations with Roche. For more information regarding our
investigation, please contact Ryan & Maniskas, LLP (Richard A. Maniskas,
Esquire) toll-free at (877) 316-3218 or by email at rmaniskas@rmclasslaw.com
or visit: www.rmclasslaw.com/cases/ilmn.
On January 25, 2011, Roche announced that it is proposing to acquire all
outstanding shares of Illumina for $44.50 per share in cash through a
tender offer. Although Roche claims it has made multiple efforts to
engage Illumina, it states that the company has been unwilling to
participate in substantive discussions.
If you own shares of Illumina and would like to learn more about these
claims or if you wish to discuss these matters and have any questions
concerning this announcement or your rights, contact Richard A.
Maniskas, Esquire toll-free at (877) 316-3218 or to sign up online,
visit: www.rmclasslaw.com/cases/ilmn.
You may also email Mr. Maniskas at rmaniskas@rmclasslaw.com.
For more information about class action cases in general, please visit
our website: www.rmclasslaw.com.
Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan &
Maniskas, LLP is devoted to protecting the interests of individual and
institutional investors in shareholder actions in state and federal
courts nationwide.
Ryan & Maniskas, LLPRichard A. Maniskas, Esquire,
877-316-3218rmaniskas@rmclasslaw.comwww.rmclasslaw.com/cases/ilmn
