INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Investors of Questcor Pharmaceuticals, Inc. of Claims of Breaches of Fiduciary...
28 Avril 2014 - 10:36PM
Marketwired
INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Investors of
Questcor Pharmaceuticals, Inc. of Claims of Breaches of Fiduciary
Duty Against Its Board of Directors in Connection With the Sale of
the Company to Mallinckrodt -- QCOR
NEW YORK, NY--(Marketwired - Apr 28, 2014) - Levi &
Korsinsky notifies investors of Questcor Pharmaceuticals Inc.
("Questcor" or "the Company") (NASDAQ: QCOR) of claims of breaches
of fiduciary duty and other violations of state law against the
board of directors of the Company in connection with the sale of
the Company to Mallinckrodt. A complaint was filed in California
state court.
Click here to learn more about the action
http://zlk.9nl.com/questcor, or call: 877-363-5972. There is no
cost or obligation to you.
Under the terms of the transaction, Questcor shareholders will
receive $30.00 per share in cash and 0.897 Mallinckrodt shares for
each share of Questcor stock they own, representing a total value
of approximately $86.10 per share. The claims concern whether the
Questcor Board of directors breached their fiduciary duties to
stockholders by failing to adequately shop the Company before
agreeing to enter into this transaction, and whether Mallinckrodt
is underpaying for Questcor shares.
If you own Questcor common stock and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email
at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free:
(877) 363-5972, or visit http://zlk.9nl.com/questcor.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm's 26
attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
Levi & Korsinsky, LLP Joseph Levi, Esq. Eduard Korsinsky,
Esq. 30 Broad Street - 24th Floor New York, NY 10004 Tel: (212)
363-7500 Toll Free: (877) 363-5972 Fax: (866) 367-6510
www.zlk.com
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