Morgan & Morgan Announces Investigation of MAP Pharmaceuticals (NASDAQ: MAPP)
NEW YORK, Jan. 30, 2013 /PRNewswire/ -- Morgan & Morgan is investigating the Board of Directors of MAP Pharmaceuticals Inc. ("MAP" or the "Company") (Nasdaq: MAPP) for possible breaches of fiduciary duty and other violations of law related to the sale of the Company to Allergan Inc.
If you are a current shareholder of MAP and are interested in learning more about our MAP Pharmaceuticals merger investigation, please contact George Pressly, Esq. at 1 (800) 631-6234 or email George at email@example.com.
Under the terms of the transaction, MAP shareholders will receive $25 for each share of MAP stock they own. The transaction has a total approximate value of $958 million. The investigation concerns whether the MAP Board of Directors has breached its fiduciary duties to act in the best interests of MAP shareholders and to take all necessary steps to ensure that MAP shareholders receive the maximum value readily available for their shares of MAP common stock.
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