Faruqi & Faruqi, LLP Announces Investigation Of Cephalon, Inc.
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Cephalon, Inc. (“Cephalon” or the “Company”) (NasdaqGS: CEPH) for potential breaches of fiduciary duties in connection with their duty to disclose material information in the Definitive Proxy Statement filed by the Company with the SEC on June 14, 2011. The Definitive Proxy Statement is seeking to get shareholders’ approval of the sale of the Company to Teva Pharmaceutical Industries Limited (“Teva”) (NasdaqGS: TEVA) pursuant to the merger agreement the companies entered into on May 1, 2011. In accordance with the terms of the agreement, Cephalon shareholders will receive $81.50 in cash for each share they own. According to Yahoo! Finance, at least one financial analyst values the Company’s stock at $82. The shareholders’ vote is scheduled to be held on July 14, 2011.
Request more information now by clicking here: www.faruqilaw.com/CEPH
Whether Cephalon’s Board of Directors breached their fiduciary duties to Cephalon’s stockholders by failing to disclose all material information in the Proxy Statement; whether it failed to maximize shareholder value and if so by how much the sale undervalues the Company to the detriment of Cephalon’s shareholders are the key focus of this investigation.
Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, through all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm’s clients.If you own common stock in Cephalon and wish to obtain additional information, please visit us at www.faruqilaw.com/CEPH or contact Juan E. Monteverde, Esq. either via e-mail at firstname.lastname@example.org or by telephone at (877) 247-4292 or (212) 983-9330. Attorney Advertising. (C) 2011 Faruqi & Faruqi, LLP. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP ( www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We are happy to discuss your particular case.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV