NEW YORK -- (Business Wire)
Faruqi & Faruqi, LLP, a leading national securities firm headquartered
in New York City, is investigating the Board of Directors of Epocrates,
Inc. (“Epocrates” or the “Company”) (NASDAQ: EPOC) for potential
breaches of fiduciary duties in connection with their duty to disclose
material information in the Preliminary Proxy (“Proxy”) filed with the
Securities and Exchange Commission on January 25, 2013 in relation to
the sale of the Company to athenahealth Inc. (NASDAQ: ATHN) in an
all-cash deal valued at approximately $293 million. Furthermore, the
price per share agreed to in the proposed transaction is also under
investigation since Epocrates’ stockholders will receive only $11.75 in
cash for each share of Epocrates common stock they own, while according
to Yahoo! Finance, at least one financial analyst has set a price target
of $13 for Epocrates.
Request more information now by clicking here: www.faruqilaw.com/EPOC.There is no cost or obligation to you.
The investigation focuses on whether Epocrates’ Board of Directors
breached their fiduciary duties to the Company’s stockholders by failing
to disclose all material information in the Proxy and to conduct an
adequate and fair sales process prior to agreeing to this proposed
transaction, and on whether and by how much this proposed transaction
undervalues the Company to the detriment of Epocrates’ shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents investors
and individuals in class action litigation. The firm is focused on
providing exemplary legal services in complex litigation in the areas of
securities, shareholder, antitrust and consumer litigation, throughout
all phases of litigation. The firm has an experienced trial team which
has achieved significant victories on behalf of the firm’s clients.
If you own common stock in Epocrates and wish to obtain additional
information and protect your investments free of charge, please visit us
at www.faruqilaw.com/EPOC
or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com
or by telephone at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2013 Faruqi & Faruqi, LLP. The law firm
responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).
Prior results do not guarantee or predict a similar outcome with respect
to any future matter. We are happy to discuss your particular case.
Contacts:
Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New
York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll
Free: 877-247-4292
Phone: 212-983-9330
Source: Faruqi & Faruqi, LLP