SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Investigation of NuPathe, Inc.
18 12월 2013 - 2:15AM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
NuPathe, Inc. (“NuPathe” or the “Company”) (Nasdaq:PATH) relating
to the proposed acquisition of the company by Endo Health
Solutions.
Click here to learn more about the investigation
http://brodsky-smith.com/688-path-nupathe-inc.html, or call:
877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, NuPathe shareholders will
receive only $2.85 in cash for each share of NuPathe stock they
own. In addition, NuPathe shareholders will have the right to
receive additional payments of up to $3.15 per share contingent
upon ZECUITY reaching specified net sales. The investigation
concerns possible breaches of fiduciary duty and other violations
of state law by the Board of Directors of NuPathe for not acting in
the Company’s shareholders' best interests in connection with the
sale process.
The transaction may undervalue the Company and may result in a
loss for many long term NuPathe shareholders. NuPathe stock traded
above the sale price at $4.81 per share on March 15, 2012 and
traded at $3.65 per share as recently as April 10, 2013. In
addition, an analyst has set an $8.00 per share price target on
NuPathe shares.
If you own shares of NuPathe common stock and wish to discuss
the legal ramifications of the proposed transaction, or have any
questions, you may e-mail or call the law office of Brodsky &
Smith, LLC who will, without obligation or cost to you, attempt to
answer your questions. You may contact Jason L. Brodsky, Esquire or
Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza,
Suite 602, Bala Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com, by visiting
http://brodsky-smith.com/688-path-nupathe-inc.html, or calling toll
free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive
expertise representing shareholders throughout the nation in
securities and case action lawsuits. The attorneys at Brodsky &
Smith have been appointed by numerous courts throughout the country
to serve as lead counsel in class actions and successfully
recovered millions of dollars for our clients and shareholders.
Attorney advertising. Prior results do not guarantee a similar
outcome.
Brodsky & Smith, LLCJason L. Brodsky, Esquire or Evan J.
Smith,
Esquire877-LEGAL-90investorrelations@brodsky-smith.comhttp://brodsky-smith.com/688-path-nupathe-inc.html
Nupathe Inc. (MM) (NASDAQ:PATH)
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부터 12월(12) 2024 으로 1월(1) 2025
Nupathe Inc. (MM) (NASDAQ:PATH)
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부터 1월(1) 2024 으로 1월(1) 2025