Rigrodsky & Long, P.A. Announces Investigation Of Medtox Scientific, Inc. Buyout
04 Giugno 2012 - 6:17PM
Business Wire
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of Medtox
Scientific, Inc. (“Medtox” or the “Company”) (NASDAQ GS: MTOX)
regarding possible breaches of fiduciary duties and other
violations of law related to the Company’s entry into an agreement
to be acquired by Laboratory Corporation of America Holdings
(“Laboratory Corporation”) (NYSE: LH) in a transaction valued at
approximately $241 million.
Click here to learn more:
http://www.rigrodskylong.com/investigations/medtox-scientific-inc-mtox.
Under the terms of the proposal, public shareholders of Medtox
will receive $27.00 per share in cash for each share of Medtox they
own. The investigation concerns whether Medtox’s board of directors
failed to adequately shop the Company and obtain the best possible
price for Medtox’s shareholders before entering into an agreement
with Laboratory Corporation.
If you own the common stock of Medtox and purchased your shares
before June 4, 2012, if you have information or would like to learn
more about these claims, or if you wish to discuss these matters or
have any questions concerning this announcement or your rights or
interests with respect to these matters, please contact Peter
Allocco at Rigrodsky & Long, P.A., 825 East Gate Boulevard,
Suite 300, Garden City, New York 11530 toll free at (888) 969-4242,
by e-mail to info@rigrodskylong.com, or at:
http://www.rigrodskylong.com/investigations/medtox-scientific-inc-mtox.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware
and Garden City, New York, regularly prosecutes securities class,
derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in
states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar
outcome.
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