INVESTOR ALERT – FURIEX PHARMACEUTICALS, INC.: The Law Offices of Vincent Wong Investigates the Sale of Furiex Pharmaceutic...
02 Mayo 2014 - 10:21AM
Business Wire
The Law Offices of Vincent Wong are investigating potential
claims against the Board of Directors of Furiex Pharmaceuticals,
Inc. (NasdaqGS:FURX) (“Furiex”) in connection with the sale of the
Company to Forest Laboratories, Inc. (“Forest”).
Click here to learn about the case:
http://docs.wongesq.com/FURX-Info-Request-Form-214. There is
no cost or obligation to you.
Under the terms of the transaction, Furiex shareholders will
receive $95.00 per share in cash for each share of Furiex stock
they own. The transaction has a total approximate value of $1.1
billion. An additional $30.00 per share ($360 million in aggregate)
may be payable to shareholders in a Contingent Value Right (CVR)
based on the status of eluxodoline, Furiex’s lead product, as a
controlled drug following approval. The investigation concerns
whether the Furiex Board of directors breached their fiduciary
duties to stockholders by failing to adequately shop the Company
before agreeing to enter into this transaction, and whether Forest
is underpaying for Furiex shares.
If you own common stock in Furiex and wish to obtain additional
information, please contact Vincent Wong, Esq. either via email
vw@wongesq.com, by telephone at 212.425.1140, or visit
http://docs.wongesq.com/FURX-Info-Request-Form-214.
Vincent Wong, Esq. is an experienced attorney that has
represented investors in securities litigations involving financial
fraud and violations of shareholder rights. Attorney advertising.
Prior results do not guarantee similar outcomes.
The Law Offices of Vincent WongVincent Wong, Esq.,
212-425-1140Fax. 866-699-3880vw@wongesq.com
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