NEW YORK, April 10, 2017 /PRNewswire/ -- Juan Monteverde,
founder and managing partner at Monteverde & Associates PC, a
boutique securities firm headquartered at the Empire State
Building in New York City, is
investigating Tokai Pharmaceuticals, Inc. ("Tokai" or the
"Company") (NasdaqGM: TKAI) and its Board of Directors for
potential securities laws violations and/or breaches of fiduciary
duties in connection with the share purchase agreement with Otic
Pharma, Ltd. ("Otic")(the "Otic Transaction"). As a result of
the Otic Transaction, Otic will become a wholly owned subsidiary of
Tokai and the they will own approximately 60% of the Tokai common
stock.
Click here for more information:
http://monteverdelaw.com/investigations/m-a/. It is free
and there is no cost or obligation to you.
The investigation focuses on whether Tokai and/or its Board of
Directors violated federal securities laws and/or breached their
fiduciary duties to the Company's stockholders by 1) failing to
properly value the Otic Transaction and 2) failing to disclose all
material information in connection with the Otic Transaction.
Monteverde & Associates PC is a boutique class action
securities and consumer litigation law firm that has recovered
millions of dollars and is committed to protecting
shareholders and consumers from corporate wrongdoing.
Monteverde & Associates PC lawyers have significant experience
litigating Mergers & Acquisitions and Securities Class Actions,
whereby they protect investors by recovering money and remedying
corporate misconduct.
If you own common stock in Tokai and wish to obtain additional
information and protect your investments free of charge, please
visit us at www.monteverdelaw.com/investigations/m-a/ or
contact Juan E. Monteverde, Esq.
either via e-mail at jmonteverde@monteverdelaw.com or by telephone
at (212) 971-1341.
Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341
Attorney Advertising. (C) 2017 Monteverde & Associates
PC. The law firm responsible for this advertisement is
Monteverde & Associates PC (www.monteverdelaw.com). Prior
results do not guarantee a similar outcome with respect to any
future matter.
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SOURCE Monteverde & Associates PC