INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Investors of Questcor Pharmaceuticals, Inc. of Claims of Breaches of Fiduciary...
April 23 2014 - 12:47PM
Levi & Korsinsky notifies investors of Questcor Pharmaceuticals
Inc. ("Questcor" or "the Company") (Nasdaq:QCOR) of claims of
breaches of fiduciary duty and other violations of state law
against the board of directors of the Company in connection with
the sale of the Company to Mallinckrodt. A complaint was filed in
California state court.
Click here to learn more about the action
http://zlk.9nl.com/questcor, or call:
877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Questcor shareholders will
receive $30.00 per share in cash and 0.897 Mallinckrodt shares for
each share of Questcor stock they own, representing a total value
of approximately $86.10 per share. The claims concern whether the
Questcor Board of directors breached their fiduciary duties to
stockholders by failing to adequately shop the Company before
agreeing to enter into this transaction, and whether Mallinckrodt
is underpaying for Questcor shares.
If you own Questcor 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://zlk.9nl.com/questcor.
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.
CONTACT: Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
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