NEW YORK, May 6, 2013 (GLOBE NEWSWIRE) -- Levi & Korsinsky notifies investors of Conceptus, Inc. ("Conceptus" or the "Company") (Nasdaq:CPTS) of claims of breaches of fiduciary duty and other violations of state law against the board of directors of the Company in connection with the sale of the Company to Bayer HealthCare LLC. A complaint was filed in California state court.
Click here to learn more about the investigation http://zlk.9nl.com/conceptus-cpts/, or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Conceptus shareholders will receive $31.00 for each share of Conceptus stock they own. The claims concern whether the Conceptus Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the transaction, and whether Bayer HealthCare LLC is underpaying for Conceptus stock, thus unlawfully harming Conceptus stockholders.
If you own common stock in Conceptus 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 visit http://zlk.9nl.com/conceptus-cpts/.
Levi & Korsinsky is a national firm with offices in New York, New Jersey 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) 363-7500 Toll Free: (877) 363-5972 Fax: (212) 363-7171 www.zlk.comSource:Levi & Korsinsky, LLP