SUNH Sun Healthcare Grp., Inc. (MM)

Law Offices of Howard G. Smith announces that it is investigating potential claims against the Board of Directors of Sun Healthcare Group, Inc. (“Sun” or the “Company”) (NASDAQ: SUNH) related to the proposed acquisition of the Company by Genesis HealthCare LLC. The transaction is valued at approximately $275 million.

This investigation concerns whether the Board of Directors of Sun breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the proposed transaction, and whether the Company has disclosed all material information to shareholders about the transaction. The Company has seen substantial recent growth. Its share price has skyrocketed from $2.15 on October 4, 2011 to $7.25 on April 27, 2012. Further, Sun would be required to pay Genesis a fee equal to $6.9 million plus up to $1 million for expenses should Sun decide to terminate the agreement.

If you are a shareholder of Sun, if you have information or would like to learn more about our investigation, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.

Sun Healthcare (NASDAQ:SUNH)
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부터 2월(2) 2025 으로 3월(3) 2025

Sun Healthcare (NASDAQ:SUNH)
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부터 3월(3) 2024 으로 3월(3) 2025