NEW YORK, Oct. 20, 2014 (GLOBE NEWSWIRE) -- Levi & Korsinsky notifies investors of LipoScience Inc. ("LipoScience" or "the Company") LPDX of claims breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to LabCorp. A complaint was filed in North Carolina state court.
Click here to learn more about the investigation: http://www.zlkdocs.com/LPDX-Info-Request-Form_ma-2226.
Under the terms of the transaction, LipoScience shareholders will receive $5.25 in cash for each share of LipoScience stock they own. The claims concern whether the Board of LipoScience breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether LabCorp is underpaying for LipoScience shares.
If you own LipoScience common stock 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 visit http://www.zlkdocs.com/LPDX-Info-Request-Form_ma-2226.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. 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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