Navigation Links
Morgan & Morgan Announces the Investigation of Hi-Tech Pharmacal Co., Inc. HITK

NEW YORK, Aug. 28, 2013 /PRNewswire/ -- Morgan & Morgan announces that it is investigating potential legal claims against the board of directors of Hi-Tech Pharmacal Co., Inc. ("Hi-Tech" or the "Company") regarding possible breaches of fiduciary duties and other violations of law related to the sale of the Company to Akorn, Inc., in a transaction valued at approximately $640 million.

If you purchased Hi-Tech, and want more information about the Hi-Tech takeover investigation, please contact George Pressly, Esq. at 1(800) 631-6234 or email George at

Morgan & Morgan's investigation concerns whether the Hi-Tech Board of Directors breached their fiduciary duties to stockholders to act in the best interest of Hi-Tech shareholders and to take all necessary steps to ensure that Hi-Tech shareholders receive the maximum value readily available for their shares of Hi-Tech stock. Under the terms of the agreement, shareholders of Hi-Tech will receive $43.50 per share in cash for each share of Hi-Tech they own.

Morgan & Morgan is one of the nation's largest 200 law firms. In addition to securities fraud, the firm also practices in the areas of antitrust, personal injury, consumer protection, wage and hour, and product liability.  All of the Firm's legal endeavors are rooted in its core mission: provide investor and consumer protection and always fight "for the people." 

Attorney advertising. Prior results do not guarantee a similar outcome.

Morgan & Morgan
Peter Safirstein, Esq.
28 West 44th Street
Suite 2001
New York, NY  10036

SOURCE Morgan & Morgan
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. Luminex Corporation To Present At Morgan Stanley Global Healthcare Conference
2. Thoratec Presentation At Morgan Stanley 2013 Health Care Conference To Be Webcast
3. Hospira to Present at the Morgan Stanley Global Healthcare Conference
4. Austen BioInnovation Institute Gains Funding from The Burton D. Morgan Foundation to Accelerate Biomedical Innovation, Train Young Professionals
5. Morgan & Morgan Announces Investigation of MAP Pharmaceuticals (NASDAQ: MAPP)
6. Phase 3 Topical Drug for Raynauds Disease Available for Licensing/Acquisition at the J.P. Morgan Conference
7. Hospira to Present at the J.P. Morgan 31st Annual Healthcare Conference Jan. 8, 2013
8. SHAREHOLDER ALERT: Morgan & Morgan announces an investigation of Vertex Pharmaceuticals Inc. (NASDAQ: VRTX) and whether senior management and the board of directors violated fiduciary duties owed to Vertex shareholders.
9. Perrigo Company To Present At The Morgan Stanley Global Healthcare Conference
10. Covance to Present at the Morgan Stanley Global Healthcare Conference
11. Amgen To Present At The Morgan Stanley Global Healthcare Conference
Post Your Comments:
(Date:11/30/2015)... 2015 MEDTEC Japon 2016, ... d,Asie portant sur la conception de ... se tiendra à Tokyo ... avril 2016. ... - Logo - ...
(Date:11/30/2015)... TOKYO , Nov. 30, 2015 MEDTEC Japan 2016, ... and Manufacturing industry, is to be held in Tokyo from 20 th  - 22 ... --> -->   --> ...   the United States . With the aging population ... markets continuing to grow steadily. --> the United States ...
(Date:11/30/2015)... -- QT Vascular Ltd., together with its subsidiaries (the "Company" ... Medical LLC and Quattro Vascular Pte. Ltd., collectively the ... and distribution of advanced therapeutic solutions for the minimally ... that a three-judge panel of the United ... Circuit ("Federal Circuit") has unanimously granted the Group and ...
Breaking Medicine Technology:
(Date:11/30/2015)... Minneapolis, MN (PRWEB) , ... December 01, 2015 ... ... Nationwide® is the latest carrier to offer individual vision insurance plans on ... with the unique ability to rate and review products, allowing consumers to compare, ...
(Date:11/30/2015)... Louis, MO (PRWEB) , ... November 30, 2015 , ... ... and exclusion criteria set forth in the MOMS (Management of Myelomeningocele Study) trial. One ... for Disease Control and Prevention), a BMI of 18.5 to 24.9 is considered normal, ...
(Date:11/30/2015)... ... November 30, 2015 , ... Stress, anxiety, illness, infection or ... worry about possible tumors? , Heather Spader, MD, a new pediatric neurosurgeon at Joe ... some signs might point to tumors. , “Bad headaches that don’t go ...
(Date:11/30/2015)... ... 2015 , ... Thermi™, a world leader in thermistor-regulated energy ... temperature controlled radiofrequency platform has received CE marking and may now be sold ... as a clinical endpoint. The technology has been available in the United ...
(Date:11/30/2015)... ... 2015 , ... MOSI recently added two state-of-the-art augmented reality (AR) experiences from ... to their collection of interactive exhibits within the Kids In Charge! building. In collaboration ... to get closer than ever to a range of animals as they drink, sleep ...
Breaking Medicine News(10 mins):