SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Files Class Action Suit Against C. R. Bard, Inc.

WILMINGTON, Del., June 22, 2017 -- Rigrodsky & Long, P.A.:

Rigrodsky & Long, P.A. announces that it has filed a class action complaint in the United States District Court for the District of New Jersey on behalf of holders of C. R. Bard, Inc. (“Bard”) (NYSE:BCR) common stock in connection with the proposed transaction pursuant to which Bard will be acquired by Becton, Dickinson and Company (“Parent”) and Lambda Corp., (“Merger Sub,” and together with Parent, “BD”), announced on April 24, 2017 (the “Complaint”).  The Complaint, which alleges violations of the Securities Exchange Act of 1934 against Bard, its Board of Directors (the “Board”), and BD, is captioned Tanguma v. C.R. Bard, Inc., Case No. 2:17-cv-03977 (D.N.J.).

If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact plaintiff’s counsel, Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242, by e-mail at [email protected], or at http://rigrodskylong.com/contact-us/. 

On April 23, 2017, Bard entered into an agreement and plan of merger (the “Merger Agreement”) with B.D.  Pursuant to the Merger Agreement, shareholders of Bard will receive $222.93 in cash and 0.5077 shares of BD stock for each share of Bard common stock (the “Proposed Transaction”).

Among other things, the Complaint alleges that, in an attempt to secure shareholder support for the Proposed Transaction, defendants issued materially incomplete disclosures in a registration statement (the “Registration Statement”) filed with the United States Securities and Exchange Commission on May 23, 2017.  The Complaint alleges that the Registration Statement, which recommends that Bard stockholders vote in favor of the Proposed Transaction, omits material information necessary to enable shareholders to make an informed decision as to how to vote on the Proposed Transaction, including material information with respect to Bard’s financial projections, the analyses performed by Bard’s financial advisor, and potential conflicts of interest.  The Complaint seeks injunctive and equitable relief and damages on behalf of holders of Bard common stock. 

If you wish to serve as lead plaintiff, you must move the Court no later than August 21, 2017.  A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.  Any member of the proposed class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities fraud, shareholder corporate, and shareholder derivative litigation on behalf of shareholders in state and federal courts throughout the United States.

Attorney advertising.  Prior results do not guarantee a similar outcome.

CONTACT:                                                                                             

Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(302) 295-5310
Fax: (302) 654-7530
[email protected] 
http://www.rigrodskylong.com