SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Omnicare, Inc.
27 Mai 2015 - 11:35AM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
Omnicare, Inc. ("Omnicare” or "the Company") (NYSE: OCR) for
possible breaches of fiduciary duty and other violations of state
law in connection with the sale of the Company to CVS Health
Corporation, Inc. (“CVS”).
Click here to learn more about the investigation
http://brodsky-smith.com/941-ocr-omnicare-inc.html, or call:
877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Omnicare shareholders will
receive only $98.00 in cash for each share of Omnicare stock they
own. The investigation concerns whether the Board of Omnicare
breached their fiduciary duties to shareholders and whether CVS is
underpaying for Omnicare. The transaction may undervalue Omnicare
as the Company has had 20% annual increases in revenue from its
specialty unit, which provides services that support drug makers,
distributors and health professionals who care for patients with
complex diseases. Thereby, allowing CVS to expand significantly in
the assisted-living market, which is expected to grow markedly. In
addition, an analyst has placed a $104.00 per share price target on
Omnicare stock.
If you own shares of Omnicare and wish to discuss the legal
ramifications of the investigation, or have any questions, you may
e-mail or call the law office of Brodsky & Smith, LLC who will,
without obligation or cost to you, attempt to answer your
questions. You may contact Jason L. Brodsky, Esquire or Evan J.
Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite
510, Bala Cynwyd, PA 19004, by visiting
http://brodsky-smith.com/941-ocr-omnicare-inc.html, or calling toll
free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive
expertise representing shareholders throughout the nation in
securities and class action lawsuits. The attorneys at Brodsky
& Smith have been appointed by numerous courts throughout the
country to serve as lead counsel in class actions and have
successfully recovered millions of dollars for our clients and
shareholders. Attorney advertising. Prior results do not guarantee
a similar outcome.
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version on businesswire.com: http://www.businesswire.com/news/home/20150527005344/en/
Brodsky & Smith, LLCJason L. Brodsky, EsquireEvan J. Smith,
Esquire877-LEGAL-90http://brodsky-smith.com/941-ocr-omnicare-inc.html
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