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SHAREHOLDER ALERT: Brower Piven Commences an Investigation into the Proposed Sale of Impax Laboratories, Inc. and Encourages Investors to Contact the Firm for Additional Information

IMPAX LABORATORIES (IPXL)  More Company Research Source: Business Wire
Last impax laboratories earnings: 3/1 07:00 am Check Earnings Report
PDF STEVENSON, Md.--(BUSINESS WIRE)-- The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Impax Laboratories, Inc. (Nasdaq: IPXL) (“Impax” or the “Company”) relating to the all-stock-merger of Impax with Amneal Pharmaceuticals LLC. Under the terms of the agreement, Impax shareholders will own 25% of the new company’s shares and Amneal Holdings members will own 75%. The firm’s investigation seeks to determine, among other things, whether the Company’s Board of Directors failed to satisfy their duties to shareholders, including whether the Board adequately pursued alternatives to the acquisition and whether the Board obtained the best price possible for the Company’s shares of common stock. If you currently own common stock of Impax and belie [Read more]

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