The Law Office of Robbins Umeda LLP Announces an Investigation of the Acquisition of BMP Sunstone Group by Sanofi-aventis
29 Octobre 2010 - 2:23AM
Business Wire
Robbins Umeda LLP has commenced an investigation into possible
breaches of fiduciary duty and other violations of state law by
members of the Board of Directors ("Board") of BMP Sunstone Group
("BMP" or the "Company") (NASDAQ: BJGP) in connection with their
efforts to sell BMP to Sanofi-aventis (NYSE: SNY). If the
transaction is completed, BMP shareholders will receive $10.00 in
cash for each share of BMP common stock they hold.
Robbins Umeda LLP's investigation concerns whether, in entering
into the definitive merger agreement, BMP's Board undertook a fair
process to obtain fair consideration for all shareholders of BMP.
Specifically, our investigation concerns whether members of the
Company's Board breached their fiduciary duties to BMP shareholders
by failing to adequately shop the Company before entering into the
transaction with Sanofi-aventis.
If you are a shareholder of BMP, plan to continue to hold your
shares, and would like more information about your rights as a
shareholder, please contact attorney Gregory E. Del Gaizo at
800-350-6003 or by e-mail at info@robbinsumeda.com.
Robbins Umeda LLP is a securities litigation firm with
significant experience representing investors in merger-related
shareholder class actions, shareholder derivative actions, and
securities fraud class actions. For more information about the
firm, please go to http://www.robbinsumeda.com.
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