December 2, 2014 (Shareholders Foundation) - An investigation on behalf of investors, who currently hold shares of Cimatron Ltd. (NASDAQ:CIMT), was announced concerning whether the takeover of Cimatron Ltd. by 3D Systems Corporation for $8.97 per share is unfair to NASDAQ:CIMT stockholders.

The investigation by a law firm concerns whether certain officers and directors of Cimatron Ltd. breached their fiduciary duties owed to NASDAQ:CIMT investors in connection with the proposed acquisition.

On November 24, 2014, 3D Systems Corporation (NYSE:DDD) and Cimatron Ltd. (NASDAQ: CIMT) announced an agreement under which 3D Systems will acquire all of the outstanding shares of Cimatron for $8.97 per share in cash, subject to certain adjustments for Cimatron transaction expenses, for a total of approximately $97 million, inclusive of its net cash.

However, given that in March 2014 NASDAQ:CIMT shares traded as high as $10.61 per share and that at least one analyst has set the high target price for NASDAQ:CIMT shares at $10.00 per share, the investigation concerns whether the offer is unfair to NASDAQ:CIMT stockholders. More specifically, the investigation concerns whether the Cimatron Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.
Cimatron Ltd. reported that its annual Total Revenue rose from $36.07 million in 2010 to $44.25 million in 2013 and that its respective Net Income increased from $1.59 million to $4.85 million.