Levi & Korsinsky is investigating the Board of Directors of Catalyst Health Solutions Inc. (“Catalyst”) (Nasdaq: CHSI) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to SXC Health Solutions Corp. (“SXC”) (Nasdaq: SXCI). Under the terms of the transaction, Catalyst shareholders will receive $28.00 in cash and 0.6606 shares of SXC stock for each Catalyst share they own. The transaction values Catalyst stock at approximately $81.02 per for a total transaction value of approximately $4.4 billion.
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The investigation concerns whether the Catalyst Board of Directors breached their fiduciary duties to Catalyst stockholders by failing to adequately shop the Company before entering into this transaction and whether SXC is underpaying for Catalyst shares, thus unlawfully harming Catalyst stockholders.
If you own common stock in Catalyst and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at
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