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SHAREHOLDER ALERT: The Law Firm of Levi & Korsinsky, LLP Launches Investigation in Possible Breaches of Fiduciary Duty by the Board of Cornerstone Therapeutics, Inc. in Connection with a Going Private Proposal
NEW YORK --(Business Wire)--
Levi & Korsinsky is investigating the Board of Directors of Cornerstone
Therapeutics, Inc. ("Cornerstone" or the "Company") (Nasdaq: CRTX) for
possible breaches of fiduciary duty and other violations of state law in
connection with a going private proposal from Chiesi Farmaceutici SpA
("Chiesi"). Chiesi owns approximately 60% of the outstanding shares of
the Company's common stock.
Click here to learn how to join the action: http://zlk.9nl.com/cornerstone-therapeutics-crtx/,
or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the proposed transaction, Cornerston shareholders
would receive between $6.40 and $6.70 for each share of Cornerstone
stock they own. The investigation concerns, among other things, whether
the proposed consideration to be paid to Cornerstone shareholders is
unfair, inadequate, and substantially below the fair or inherent value
of Cornerstone stock. In particular, at least one analyst set a price
target for Cornerstone stock at $14.00 per share.
If you own common stock in Cornerstone and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or http://zlk.9nl.com/cornerstone-therapeutics-crtx/.
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.

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