SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of CareFusion Corporation in Connection with the Sale of the Company -CFN

BALA CYNWYD, Pa., Oct. 8, 2014 /PRNewswire/ -- Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of CareFusion Corporation ("CareFusion or the "Company") (NYSE –CFN-News) relating to the proposed acquisition Becton, Dickinson and Company ("BD").

Click here to learn more about the investigation http://brodsky-smith.com/835-cfn-carefusion-corporation.html, or call: 877-534-2590. There is no cost or obligation to you.

Under the terms of the transaction, CareFusion shareholders will receive only $49.00 in cash and 0.0777 of a share of BD for each share of CareFusion stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of CareFusion for not acting in the Company's shareholders' best interests in connection with the sale process. It has been reported that the Company settled criminal charges and agreed to pay $40.1 million related to allegation of kickbacks paid to physicians and illegally promoting off-label uses of its products. 

The transaction may undervalue the company given CareFusion's strong financial results. The Company had revenue growth of 24.3%, net income growth of 28.4% and improved earnings per share of 36.7% when compared to the same quarter a year ago. Further, CareFusion has debt-to-equity ratio of 0.45, which is below  the industry average.

If you own shares of CareFusion common stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at [email protected], by visiting http://brodsky-smith.com/835-cfn-carefusion-corporation.html, or calling toll free 877-LEGAL-90. 

Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and case action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome. 

SOURCE Brodsky & Smith, LLC

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