Faruqi & Faruqi, LLP is Seeking More Cash for the Shareholders of Conceptus, Inc. (CPTS)
14 Mai 2013 - 1:05AM
Business Wire
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a
leading national securities firm headquartered in New York City, is
investigating the Board of Directors of Conceptus, Inc. (“CPTS” or
the “Company”) (NASDAQ: CPTS) for potential breaches of fiduciary
duties in connection with their conduct related to the sale of the
Company to Bayer HealthCare LLC, a subgroup of Bayer AG (OTC:
BAYRY), in an all-cash deal valued at about $1.1 billion. Under the
terms of the proposed transaction, Conceptus’ stockholders will
receive $31.00 in cash for each share of Conceptus common stock
they own. The proposed transaction is structured as a tender offer
and may be effectuated without a shareholder vote.
Request more information now by clicking here:
www.faruqilaw.com/CPTS. There is no cost or
obligation to you.
The investigation focuses on whether Conceptus’ Board of
Directors breached their fiduciary duties to the Company’s
stockholders by failing to conduct an adequate and fair sales
process prior to agreeing to this proposed transaction, whether and
by how much this proposed transaction undervalues the Company to
the detriment of Conceptus’ shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The firm is
focused on providing exemplary legal services in complex litigation
in the areas of securities, shareholder, antitrust and consumer
litigation, throughout all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm’s clients.
If you own common stock in Conceptus and wish to obtain
additional information and protect your investments free of charge,
please visit us at www.faruqilaw.com/CPTS or contact Juan E.
Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or
by telephone at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2013 Faruqi & Faruqi, LLP. The law
firm responsible for this advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter. We are happy to
discuss your particular case.
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