The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Breaches of Fiduciary Duty by the Board of Directors of CytRx Corporation in Connection with Executive Compensation

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NEW YORK, Jan. 23, 2013 /PRNewswire/ -- Levi & Korsinsky, LLP is investigating CytRx Corporation CYTR, and its Board of Directors, in connection with the compensation provided to certain of its executive officers.

(Logo: http://photos.prnewswire.com/prnh/20120409/MM84375LOGO )

To get more information, click here: http://zlk.9nl.com/cytrx-cytr/. There is no cost or obligation to you.

If you own common stock in CytRx Corporation and wish to obtain additional information, please contact Eduard Korsinsky, Esq. either via email at ek@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/cytrx-cytr/.

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 
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 

SOURCE Levi & Korsinsky, LLP

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