The Law Firm of Levi & Korsinsky, LLP Announces Investigation of Continucare Corp.
27 Juin 2011 - 7:08PM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
Continucare Corp. (“Continucare” or the “Company”) (NYSE: CNU) for
possible breaches of fiduciary duty and other violations of state
law in connection with the sale of the Company to Metropolitan
Health Networks, Inc. (AMEX: MDF). Under the terms of the
transaction, Continucare shareholders will receive $6.25 in cash
and 0.0414 of a share of Metropolitan stock for each share of
Continucare stock they own. The transaction has a total approximate
value of $416 million.
Click here to get more information:
http://zlk.com/continucare-cnu, or call: 877-363-5972.
The investigation concerns whether the Continucare Board of
Directors breached their fiduciary duties to Continucare
stockholders by failing to adequately shop the Company before
entering into this transaction and whether Metropolitan Health
Networks, Inc. is underpaying for Continucare shares, thus
unlawfully harming Continucare stockholders.
If you own common stock in Continucare 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://www.zlk.com.
Levi & Korsinsky is a national firm with offices in New
York, California and Washington D.C. The firm has extensive
expertise in prosecuting investor securities litigation involving
financial fraud and represents investors throughout the nation,
concentrating its practice in securities and shareholder
litigation. The attorneys at Levi & Korsinsky have been
appointed by numerous courts throughout the country to serve as
lead counsel on behalf of shareholders in major litigations
involving mergers and acquisitions. For more information, please
feel free to contact any of the attorneys listed below. Attorney
advertising. Prior results do not guarantee similar outcomes.
CONTACT:Levi & Korsinsky, LLPJoseph Levi, Esq.Eduard
Korsinsky, Esq.30 Broad Street - 15th FloorNew York, NY 10004Tel:
(212) 363-7500Toll Free: (877) 363-5972Fax: (212)
363-7171www.zlk.com
Continuecare (NYSE:CNU)
Graphique Historique de l'Action
De Déc 2024 à Jan 2025
Continuecare (NYSE:CNU)
Graphique Historique de l'Action
De Jan 2024 à Jan 2025
Real-Time news about Continucare Corp. (New York Stock Exchange): 0 recent articles
Plus d'articles sur Levi & Korsinsky, LLP