SHAREHOLDER ALERT: WeissLaw LLP Investigates Emisphere Technologies, Inc.
Nov 09, 2020, 19:31 ET
NEW YORK, Nov. 9, 2020 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Emisphere Technologies, Inc. ("EMIS" or the "Company") (OTC: EMIS) in connection with the proposed merger of the Company with Novo Nordisk A/S ("Novo"). Under the terms of the agreement, EMIS stockholders are expected to receive approximately $7.82 for each share of EMIS common stock that they hold, depending upon the amount of cash and debt held on hand at closing.
If you own EMIS shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:
http://www.weisslawllp.com/EMIS/
Or please contact:
Joshua Rubin, Esq.
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY 10036
(212) 682-3025
(888) 593-4771
[email protected]
WeissLaw is investigating whether (i) the special committee of EMIS' board acted in the best interest of EMIS's public shareholders in agreeing to the proposed transaction, (ii) the per-share consideration being paid adequately compensates EMIS minority shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed, in light of the fact that the majority of EMIS' shares are controlled by the EMIS board and an affiliated management fund and the board thus stands on both sides of the proposed transaction.
WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at [email protected]
SOURCE WeissLaw LLP
