NEW YORK, Sept. 26, 2016 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP:

Protecting the Rights of Shareholders

To: All Persons or Entities who purchased Tobira Therapeutics, Inc. ("Tobira") (NASDAQ: TBRA) stock prior to September 20, 2016.

You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Tobira to Allergan plc for $28.35 per share. The deal also includes up to $49.84 per share in Contingent Value Rights, payable upon the successful completion of certain milestones. The deal has a potential approximate value of $1.695 billion. To learn more about the action and your rights, go to: http://zlk.9nl.com/tobira or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. 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 E. Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

Logo - http://photos.prnewswire.com/prnh/20120409/MM84375LOGO

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shareholder-alert-levi--korsinsky-llp-announces-an-investigation-concerning-whether-the-sale-of-tobira-therapeutics-inc-to-allergan-plc-for-2835-per-share-is-fair-to-shareholders----tbra-300334055.html

SOURCE Levi & Korsinsky, LLP

Copyright 2016 PR Newswire

Tobira Therapeutics, Inc. (NASDAQ:TBRA)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Tobira Therapeutics, Inc. Charts.
Tobira Therapeutics, Inc. (NASDAQ:TBRA)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Tobira Therapeutics, Inc. Charts.