SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of Claims of Breaches of Fiduciary Duty by the Board of Obagi Medic
April 03 2013 - 1:47PM
Levi & Korsinsky notifies investors of Obagi Medical Products,
Inc. ("Obagi" or the "Company") (Nasdaq:OMPI) of claims of breaches
of fiduciary duty and other violations of state law against the
board of directors of the Company in connection with the sale of
the Company to Valeant Pharmaceuticals International, Inc.
(NYSE:VRX). A complaint was filed in Delaware state court.
Click here to learn how to join the action:
http://zlk.9nl.com/obagi-medical-products-ompi/,
or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Obagi shareholders will
receive $19.75 for each share of Obagi common stock they own. The
claims concern whether the Obagi Board of Directors breached their
fiduciary duties to stockholders by failing to adequately shop the
Company before entering into this transaction and whether Valeant
Pharmaceuticals International, Inc. is underpaying for Obagi
shares, thus unlawfully harming Obagi stockholders.
If you own common stock in Obagi 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/obagi-medical-products-ompi/.
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.
CONTACT: 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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