The Law Office of Abe Shainberg Launches an Investigation into the Possible Breaches of Fiduciary Duty by the Board of BMP Su...

The Law Office of Abe Shainberg is investigating the Board of Directors of BMP Sunstone Corporation (“BMP Sunstone” or the “Company”) (NasdaqGM: BJGP) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to Sanofi-Aventis S.A. (“Sanofi-Aventis”) (NYSE: SNY). Under the terms of the proposed deal, BMP Sunstone shareholders will receive $10.00 in cash for each share of BMP Sunstone common stock they own for a total transaction value of approximately $520.6 million. BMP Sunstone's board of directors has unanimously approved the transaction.

The investigation concerns whether the BMP Sunstone Board of Directors breached their fiduciary duties to BMP Sunstone stockholders by failing to adequately shop the Company before entering into this transaction and whether EQI Acquisition is underpaying for BMP Sunstone shares.

If you own common stock in BMP Sunstone and wish to obtain additional information, please contact Abe Shainberg, Esq. either via email at as@ashainberglaw.com or by telephone at (212) 425-7286, or visit http://www.ashainberglaw.com/bmpsunstone-bjgp.html.

Mr. Shainberg has expertise in prosecuting investor securities litigation, is a certified and registered arbitrator and mediator involving financial matters, and represents investors in various matters nationwide.

Bmp Sunstone Corp. (MM) (NASDAQ:BJGP)
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