NEW YORK, Oct. 12, 2017 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a boutique securities firm headquartered at the Empire State Building in New York City, is investigating CombiMatrix Corporation ("CombiMatrix" or the "Company") (NASDAQ: CBMX) relating to the sale of the Company to Invitae Corporation ("Invitae"). As a result of the merger, CombiMatrix shareholders are only anticipated to receive a between approximately 0.91 and 0.84 shares of Invitae common stock, subject to the Merger Agreement Exchange Ratio formula, in exchange for each share of CombiMatrix common stock.
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The investigation focuses on whether CombiMatrix and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company's by 1) whether and by how much this proposed transaction undervalues the Company and 2) whether all material financial information has been disclosed.
Monteverde & Associates PC is a boutique class action securities and consumer litigation law firm that has recovered millions of dollars and is committed to protecting shareholders and consumers from corporate wrongdoing. Monteverde & Associates lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions, whereby they protect investors by recovering money and remedying corporate misconduct.
If you own common units in CombiMatrix and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at email@example.com or by telephone at (212) 971-1341.
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
Tel: (212) 971-1341
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