The Law Firm of Levi & Korsinsky, LLP Notifies Investors of
Claims of Breaches of Fiduciary Duty by the Board of MAP
Pharmaceuticals Inc. in Connection with the Sale of the Company to
Allergan Inc.
NEW YORK, Jan. 25, 2013 /PRNewswire/ -- Levi &
Korsinsky is investigating the Board of Directors of MAP
Pharmaceuticals Inc. ("MAP" or the "Company") (NasdaqGS: MAPP) for
possible breaches of fiduciary duty and other violations of state
law in connection with the sale of the Company to Allergan Inc.
(NYSE: AGN).
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Click here to learn how to join the action:
http://zlk.9nl.com/map-pharmaceuticals-mapp/, or call:
877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, MAP shareholders will
receive $25 for each share of MAP
stock they own. The transaction has total approximate value of
$958 million. The investigation
concerns whether the MAP Board of Directors breached their
fiduciary duties to stockholders by failing to adequately shop the
Company before entering into this transaction and whether Allergan
Inc. is underpaying for MAP, thus unlawfully harming MAP
stockholders.
If you own common stock in MAP 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/map-pharmaceuticals-mapp/.
Levi & Korsinsky is a national firm with offices in
New York, New Jersey, 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: (866) 367-6510
www.zlk.com
SOURCE Levi & Korsinsky, LLP