The Law Firm of Levi & Korsinsky, LLP Notifies Investors of Claims of Breaches of Fiduciary Duty by the Board of Catalyst Hea...
24 Abril 2012 - 10:39AM
Marketwired
Levi & Korsinsky notifies investors of Catalyst Health
Solutions Inc. ("Catalyst") (NASDAQ: CHSI) of claims of breaches of
fiduciary duty and other violations of state law against the board
of directors of the Company in connection with the sale of the
Company to SXC Health Solutions, Corp. ("SXC") (NASDAQ: SXCI).
Under the terms of the transaction, Catalyst shareholders will
receive $28.00 in cash and 0.6606 shares of SXC stock for each
Catalyst share they own. The transaction values Catalyst stock at
approximately $81.02 per share for a total transaction value of
approximately $4.4 billion. A complaint was filed in Delaware state
court.
Click here to learn how to join the action:
http://zlk.9nl.com/catalyst-health-solutions-chsi, or call:
877-363-5972. There is no cost or obligation to you.
The investigation concerns whether the Catalyst Board of
Directors breached their fiduciary duties to Catalyst stockholders
by failing to adequately shop the Company before entering into this
transaction and whether SXC is underpaying for Catalyst shares,
thus unlawfully harming Catalyst stockholders.
If you own common stock in Catalyst and wish to obtain
additional information, please contact Joseph E. Levi, Esq. either
via email at jlevi@zlk.com or by telephone at (212) 363-7500,
toll-free: (877) 363-5972, or
http://zlk.9nl.com/catalyst-health-solutions-chsi.
Levi & Korsinsky is a national firm with offices in New York
and Washington D.C. The firm has extensive expertise in prosecuting
securities litigation involving financial fraud, representing
investors throughout the nation in securities and shareholder
lawsuits. The attorneys at Levi & Korsinsky have been appointed
by numerous courts throughout the country to serve as lead counsel
on behalf of shareholders in major securities lawsuits and have
successfully recovered multimillion-dollar damages awards on behalf
of investors. For more information, please feel free to contact any
of the attorneys listed below. Attorney advertising. Prior results
do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP Joseph Levi, Esq. Eduard
Korsinsky, Esq. 30 Broad Street - 24th Floor New York, NY 10004
Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (212) 363-7171
www.zlk.com
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