Health & Fitness
Health and Fitness
Health and Fitness 
Tue, June 28, 2011
Mon, June 27, 2011
The Law Firm of Levi & Korsinsky, LLP Announces Investigation of Continucare Corp.
NEW YORK--([ BUSINESS WIRE ])--Levi & Korsinsky is investigating the Board of Directors of Continucare Corp. (aContinucarea or the aCompanya) (NYSE: CNU) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Metropolitan Health Networks, Inc. (AMEX: MDF). Under the terms of the transaction, Continucare shareholders will receive $6.25 in cash and 0.0414 of a share of Metropolitan stock for each share of Continucare stock they own. The transaction has a total approximate value of $416 million.
Click here to get more information: [ http://zlk.com/continucare-cnu ], or call: 877-363-5972.
The investigation concerns whether the Continucare Board of Directors breached their fiduciary duties to Continucare stockholders by failing to adequately shop the Company before entering into this transaction and whether Metropolitan Health Networks, Inc. is underpaying for Continucare shares, thus unlawfully harming Continucare stockholders.
If you own common stock in Continucare 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 visit [ http://www.zlk.com ].
Levi & Korsinsky is a national firm with offices in New York, California and Washington D.C. The firm has extensive expertise in prosecuting investor securities litigation involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. 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 litigations involving mergers and acquisitions. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 15th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
[ www.zlk.com ]