03:44:55 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



INVESTOR ALERT: Levi & Korsinsky, LLP Launches Investigation of the Board of Directors of LipoScience, Inc. Concerning the Fairness of the Sale of the Company to LabCorp

2014-10-02 12:25 ET - News Release


Company Website: http://www.zlkdocs.com/LPDX-Info-Request-Form_ma-2226
NEW YORK -- (Business Wire)

Levi & Korsinsky is investigating the Board of Directors of LipoScience Inc. (“LipoScience” or “the Company”) (NASDAQ:LPDX) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to LabCorp.

Click here to learn more about the investigation: http://www.zlkdocs.com/LPDX-Info-Request-Form_ma-2226.

Under the terms of the transaction, LipoScience shareholders will receive $5.25 in cash for each share of LipoScience stock they own. The investigation concerns whether the Board of LipoScience breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether LabCorp is underpaying for LipoScience shares.

If you own LipoScience 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://www.zlkdocs.com/LPDX-Info-Request-Form_ma-2226.

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.

Contacts:

Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
Tel: 212-363-7500
Toll Free: 877-363-5972
Fax: 866-367-6510
www.zlk.com

Source: Levi & Korsinsky

© 2024 Canjex Publishing Ltd. All rights reserved.