Ryan & Maniskas, LLP Announces Investigation of Metropolitan Health Networks Inc.
06 Novembre 2012 - 5:31PM
Business Wire
Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/mdf) is
investigating potential claims against the board of directors of
Metropolitan Health Networks Inc. (“Metropolitan” or the “Company”)
(NYSE: MDF) for potential breaches of fiduciary duties in
connection with their conduct related to the sale of the Company to
Humana Inc. in an all-cash deal valued at approximately $500
million.
Our investigation concerns possible breaches of fiduciary duty
and other violations of law related to the approval of the
transaction by the Company’s board of directors; in particular,
whether the Company undertook a fair process to obtain fair
consideration for all shareholders of Metropolitan. For more
information regarding our investigation, please contact Ryan &
Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at (877)
316-3218 or by email at rmaniskas@rmclasslaw.com or visit:
www.rmclasslaw.com/cases/mdf
Under the terms of the proposed transaction, Metropolitan’s
stockholders will receive $11.25 in cash for each share of
Metropolitan common stock they own.
If you own shares of Metropolitan and would like to learn more
about these claims or if you wish to discuss these matters and have
any questions concerning this announcement or your rights, contact
Richard A. Maniskas, Esquire toll-free at (877) 316-3218 or to sign
up online, visit: www.rmclasslaw.com/cases/mdf. You may also email
Mr. Maniskas at rmaniskas@rmclasslaw.com. For more information
about class action cases in general, please visit our website:
www.rmclasslaw.com.
Ryan & Maniskas, LLP is a national shareholder litigation
firm. Ryan & Maniskas, LLP is devoted to protecting the
interests of individual and institutional investors in shareholder
actions in state and federal courts nationwide.
Metropolitan Health Networks, Inc. (NYSE:MDF)
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