This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration. Need a new registration confirmation email? Click here
The Law Firm Of Levi & Korsinsky, LLP Announces Investigation Into Possible Breaches Of Fiduciary Duty By The Board Of ISTA Pharmaceuticals, Inc. In Connection With The Sale Of The Company To Bausch + Lomb
March 28, 2012 /PRNewswire/ -- Levi & Korsinsky is investigating the Board of Directors of ISTA Pharmaceuticals, Inc. ("ISTA" or the "Company") (Nasdaq: ISTA) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Bausch + Lomb. Under the terms of the agreement, ISTA shareholders will receive
$9.10 for each share of ISTA stock they own. The transaction has a total approximate value of
Click here to learn how to join the action:
http://www.zlk.com/ista-pharmaceuticals-ista, or call: 877-363-5972. There is no cost or obligation to you.
The investigation concerns whether the ISTA Board of Directors breached their fiduciary duties to ISTA stockholders by failing to adequately shop the Company before entering into this transaction and whether Bausch + Lomb is underpaying for ISTA shares, thus unlawfully harming ISTA stockholders. In particular, at least one analyst set a price target for ISTA stock at
$12.00 per share.
If you own common stock in ISTA and wish to obtain additional information, please contact
Joseph E. Levi, Esq. either via email at
firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or
Levi & Korsinsky is a national firm with offices in
New York 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) 363-7500Toll Free: (877) 363-5972Fax: (212) 363-7171
SOURCE Levi & Korsinsky, LLP