NEW YORK, Aug. 4, 2017 /PRNewswire/ -- Notice is hereby
given that Monteverde & Associates PC has filed a class action
lawsuit in the United States District Court for the Northern
District of California, case no.
3:17-cv-04102, on behalf of shareholders of Jaguar Animal Health,
Inc. ("Jaguar" or the "Company") (Nasdaq CM: JAGX) who held
Jaguar securities and have been harmed by Jaguar's and its board of
directors' alleged violations of Sections 14(a) and 20(a) of the
Securities Exchange Act of 1934 (the "Exchange Act") in connection
with the Company's acquisition of Napo Pharmaceuticals, Inc. (the
"Proposed Merger").
Under the terms of the merger agreement, Jaguar will assume
(i) each outstanding and unexercised option to purchase Napo
common stock, which will be converted into options to purchase
Jaguar common stock, (ii) each outstanding warrant to purchase
Napo common stock, which will be converted into warrants to
purchase Jaguar common stock, and (iii) each outstanding
restricted stock unit to acquire Napo common stock, which will be
converted into restricted stock units to acquire Jaguar common
stock. Jaguar shareholders before the Proposed Merger will
experience dilution in the amount of approximately 75% as a result
of the Proposed Merger.
The complaint alleges that the Proposed Merger is unfair to
Jaguar shareholders and that the joint proxy
statement/prospectus/information statement regarding the Proposed
Merger (the "Proxy") provides materially incomplete and misleading
information about the Company's and Napo's financials and the
fairness of the Proposed Merger, in violation of Sections 14(a) and
20(a) of the Exchange Act.
If you wish to serve as lead plaintiff, you must move the Court
no later than 60 days from today. Any member of the putative
class may move the Court to serve as lead plaintiff through counsel
of their choice, or may choose to do nothing and remain an absent
class member. If you wish to discuss this action, or have any
questions concerning this notice or your rights or interests,
please contact Monteverde & Associates PC:
Click here for more information:
www.monteverdelaw.com/investigations/m-a/ It is free and there
is no cost or obligation to you.
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.
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. Prior results do not guarantee a similar outcome with
respect to any future matter.
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SOURCE Monteverde & Associates PC