The Law Firm of Levi & Korsinsky, LLP Notifies Investors of Claims of Breaches of Fiduciary Duty by the Board of MAP Pharmace...
January 24 2013 - 7:00AM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
MAP Pharmaceuticals Inc. (“MAP” or the “Company”) (NasdaqGS: MAPP)
for possible breaches of fiduciary duty and other violations of
state law in connection with the sale of the Company to Allergan
Inc. (NYSE: AGN).
Click here to learn how to join the action:
http://zlk.9nl.com/map-pharmaceuticals-mapp/, or call:
877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, MAP shareholders will
receive $25 for each share of MAP stock they own. The transaction
has total approximate value of $958 million. The investigation
concerns whether the MAP Board of Directors breached their
fiduciary duties to stockholders by failing to adequately shop the
Company before entering into this transaction and whether Allergan
Inc. is underpaying for MAP, thus unlawfully harming MAP
stockholders.
If you own common stock in MAP 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
http://zlk.9nl.com/map-pharmaceuticals-mapp/.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, and Washington D.C. The firm has extensive
expertise in prosecuting securities litigation involving financial
fraud, representing investors throughout the nation in securities
and shareholder lawsuits. The attorneys at Levi & Korsinsky
have been appointed by numerous courts throughout the country to
serve as lead counsel on behalf of shareholders in major securities
lawsuits and have successfully recovered multimillion-dollar
damages awards on behalf of investors. For more information, please
feel free to contact any of the attorneys listed below. Attorney
advertising. Prior results do not guarantee similar outcomes.
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