The Briscoe Law Firm Investigates ZymoGenetics Inc.’s Board Concerning the Acquisition of ZymoGenetics by Bristol-Myers Squ...
08 Septembre 2010 - 5:04PM
Business Wire
The Briscoe Law Firm, PLLC, founded by a former state prosecutor
and enforcement attorney for the United States Securities and
Exchange Commission, and the law firm of Powers Taylor, LLP are
investigating potential legal claims against the Board of Directors
of ZymoGenetics Inc. (“ZGEN” or “Company”) (NASDAQ: ZGEN) related
to the proposed acquisition of the ZymoGenetics by Bristol-Myers
Squibb Company.
The agreement involves a transaction valued at approximately
$885 million, under which ZymoGenetics shareholders will receive
$9.75 in cash for each share of ZGEN common stock they hold. The
investigation relates to possible breaches of fiduciary duty and
other violations of state law by the Board of Directors of ZGEN for
approving this transaction, whether the consideration to be
received by ZGEN shareholders is fair, and whether ZGEN’s board of
Directors acted in the shareholders’ best interests.
If you currently own shares of ZymoGenetics / ZGEN and would
like additional information regarding this investigation, or if you
have information regarding the allegations involving this
transaction, please contact Patrick Powers at Powers Taylor, LLP,
toll free (877) 728-9607, via e-mail at patrick@powerstaylor.com,
or Willie Briscoe at The Briscoe Law Firm, PLLC toll free (877)
397-5991, or via email at WBriscoe@TheBriscoeLawFirm.com. There is
no cost or fee to you.
The Briscoe Law Firm is a full service business litigation,
commercial transaction, and public advocacy firm with more than 20
years of experience in complex litigation and transactional
matters.
Powers Taylor, LLP is a boutique litigation law firm that
handles a variety of shareholder litigation matters, including
claims of investor and stockholder fraud, shareholder oppression,
shareholder derivative suits, and security class actions.
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