DENVER, Jan. 15, 2009 (GLOBE NEWSWIRE) -- Advertising Material -- The Shuman Law Firm today announced that a Class Action lawsuit has been filed in the United States District Court for the Central District of California on behalf of a class consisting of all persons or entities who currently hold Mentor Corporation ("Mentor" or the "Company") (NYSE:MNT) common stock.
The Complaint charges certain of the Company's executive officers and directors with breaches of fiduciary duty in connection with Mentor's proposed acquisition by Johnson & Johnson by failing to maximize shareholder value. The Complaint cites an industry analyst who claims Johnson & Johnson "stole" the Company and "likely underpaid." In addition, the Complaint also charges certain Mentor executive officers and directors with self-dealing.
If you currently hold Mentor common stock and wish to discuss this action or have any questions concerning this Notice or your rights or interests with respect to these matters, please contact Kip B. Shuman, Esq. or Rusty Glenn, Esq. toll-free at (866) 974-8626 or email Mr. Shuman at Kip@shumanlawfirm.com or Mr. Glenn at rusty@shumanlawfirm.com.
The Shuman Law Firm represents investors throughout the nation, concentrating its practice in securities class actions and derivative litigation.
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