SHAREHOLDER ALERT: Brower Piven Launches An Investigation Into The Proposed Sale Of LipoScience, Inc. And Encourages Investor...
30 Septiembre 2014 - 4:04PM
Business Wire
The securities litigation law firm of Brower Piven, A
Professional Corporation, has commenced an investigation into
possible breaches of fiduciary duty and other violations of state
law by the Board of Directors of LipoScience, Inc. (“LipoScience”
or the “Company”) (Nasdaq: LPDX) relating to the proposed buyout of
the Company by Laboratory Corporation of America Holdings
(“LabCorp”).
On September 25, 2014 LipoScience and LabCorp announced the
signing of a definitive merger agreement pursuant to which LabCorp
will acquire LipoScience in a transaction valued at approximately
$85.3 million. The transaction is expected to close in the fourth
quarter of 2014, though LipoScience shareholders will most likely
be asked to vote on the transaction well before that time.
Under the terms of the transaction, LipoScience shareholders are
anticipated to receive $5.25 in cash for each share of LipoScience
common stock they own. The firm’s investigation seeks to determine,
among other things, whether the Company’s Board of Directors
breached their fiduciary duties by failing to maximize shareholder
value before agreeing to enter into the transaction, and whether
LabCorp is underpaying for LipoScience shares.
If you currently own common stock of LipoScience and would like
to learn more about the investigation being conducted by Brower
Piven, without cost or obligation to you, please visit our website
at http://www.browerpiven.com/currentinvestigations.html. You may
also request more information by contacting Brower Piven either by
email at hoffman@browerpiven.com or by telephone at (410)
415-6616.
Attorneys at Brower Piven have extensive experience in
litigating securities and other class action cases and have been
advocating for the rights of shareholders since the 1980s.
Brower Piven, A Professional CorporationCharles J. Piven,
410-415-66161925 Old Valley RoadStevenson, Maryland
21153hoffman@browerpiven.com
(MM) (NASDAQ:LPDX)
Gráfica de Acción Histórica
De Jun 2024 a Jul 2024
(MM) (NASDAQ:LPDX)
Gráfica de Acción Histórica
De Jul 2023 a Jul 2024
Real-Time news about (MM) (NASDAQ): 0 recent articles
Más de Liposcience, Inc. (MM) Artículos de Noticias