NEW YORK, June 30, 2014 /PRNewswire/ -- Levi &
Korsinsky is investigating the Board of Directors of Auxilium
Pharmaceuticals Inc. ("Auxilium" or "the Company") (NasdaqGS: AUXL)
for possible breaches of fiduciary duty and other violations of
state law in connection with the sale of the Company to QLT Inc.
(NasdaqGS: QLTI).
Click here to learn more about the investigation:
http://zlk.9nl.com/auxilium-pharmaceuticals-auxl, or call:
877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Auxilium shareholders will
receive 3.1359 shares of QLT Inc. for each share of Auxilium they
own. The investigation concerns whether the Board of Auxilium
breached their fiduciary duties to stockholders by failing to
adequately shop the Company before agreeing to enter into this
transaction, and whether QLT Inc. is underpaying for Auxilium
shares.
If you own Auxilium 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/auxilium-pharmaceuticals-auxl.
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.
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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SOURCE Levi & Korsinsky, LLP