The Law Offices Of Nicholas Koluncich III, LLC, Based In Albuquerque, New Mexico, Announces An Investigation Into The Sale Of Sun Healthcare Group Inc. (SUNH)

The Law Offices of Nicholas Koluncich III, LLC is investigating the possibility of filing a claim or claims against the board of directors of Sun Healthcare Group Inc. ("Sun") ( SUNH) for the facts and circumstances surrounding the proposed acquisition of Sun by Genesis Healthcare ("Genesis").

On June 20, 2012, Sun filed an 8-K with the Securities and Exchange Commission informing that Sun had entered into a definitive agreement to sell itself to Genesis for $8.50 in cash per share, resulting in a transaction value of approximately $275 million net of cash and debt acquired. Current Sun Shareholders would retain no interest in Sun pursuant to the terms of this deal. That 8-K can be found here: http://www.sec.gov/Archives/edgar/data/904978/000119312512277217/d370363d8k.htm

Shareholders and/or former employees are encouraged to contact us at the contact information below. Here, our investigation focuses on whether or not the members of Sun’s Board of Directors have or will continue to comply with their fiduciary and legal duties to sell the company pursuant to a fair sales process that will maximize shareholder value and in a manner that affirmatively discloses all material facts concerning the timing and terms of this going private transaction.

If you own Sun stock, have information about this company or would like a candid explanation of your rights, please contact:
The Law Offices of Nicholas Koluncich III, LLC
6501 Americas Parkway NE
One Park Square – Suite 820
Albuquerque, NM 87110
505-881-2228
FAX 505-881-4288

nkoluncich@newmexicoclassactions.com

newmexicoclassactions.com

There is never any charge for an initial consultation.

Legal Advertisement by the Law Offices of Nicholas Koluncich III, LLC. The Law Offices of Nicholas Koluncich III, LLC is headed by Nicholas Koluncich, an attorney currently admitted to practice in New Mexico and California. The Law Offices of Nicholas Koluncich III, LLC has focused primarily on class action litigation for over a decade and has litigated five securities class actions in the State of New Mexico alone.

Copyright Business Wire 2010

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