An investigation on behalf of investors of Steiner Leisure Ltd (NASDAQ:STNR) in connection with the proposed takeover was announced and NASDAQ:STNR stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 09/16/2015 --An investigation for investors in shares of Steiner Leisure Ltd (NASDAQ:STNR) was announced concerning whether the takeover of Steiner Leisure Ltd. by an affiliate of Catterton for $65 per share is unfair.

Investors who purchased shares of Steiner Leisure Ltd (NASDAQ:STNR) and currently hold any of those NASDAQ:STNR shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation or call +1(858) 779 - 1554.

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

On August 21, 2015, Steiner Leisure Ltd (NASDAQ:STNR) announced that they have entered into a merger agreement under which an affiliate of Catterton will acquire all of the outstanding shares of Steiner Leisure for $65 per share in cash.

However, given that at least one analyst has set the high target price for NASDAQ:STNR shares at $67.00 per share, the investigation concerns whether the offer is unfair to Steiner Leisure Ltd (NASDAQ:STNR stockholders. More specifically, the investigation concerns whether the Steiner Leisure Ltd (NASDAQ:STNR 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.

On September 15, 2015, NASDAQ:STNR shares closed at $63.93 per share.

Those who are current investors in NASDAQ:STNR shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com