DALLAS, Jan. 11, 2012 /PRNewswire/ -- Securities lawyers at Goldfarb Branham LLP are investigating whether certain officers and directors of Inhibitex, Inc. (NASDAQ: INHX) violated shareholder protection laws by agreeing to a tender offer sale of the company for $26.00 in cash per share to Bristol-Myers Squibb. Concerned Inhibitex investors are encouraged to contact class action attorney Hamilton Lindley at 877-583-2855 or [email protected] about their rights and remedies.
"An analyst has targeted the Inhibitex stock price at $34," said Hamilton Lindley. "While Bristol Myers may be losing patent protection on three of its four top drugs Inhibitex has powerful drugs for Hepatitits C—a $20 billion market. Our proposed shareholder lawsuit seeks to ensure that the Inhibitex stockholders receive the most money and information that the law allows."
Goldfarb Branham LLP lawyers have significant experience representing shareholders and whistleblowers in securities lawsuits nationwide. Inhibitex investors – or anyone with knowledge about this situation – should contact lawyer Hamilton Lindley at [email protected] or 877-583-2855.
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SOURCE Goldfarb Branham LLP