N🟁N

Law Office of Brodsky & Smith, LLC Announces Investigation of Anadys Pharmaceticals, Inc.

  //health-fitness.news-articles.net/content/2011/ .. -investigation-of-anadys-pharmaceticals-inc.html
  Published in Health and Fitness on Tuesday, October 18th 2011 at 20:43 GMT by Market Wire
          ^{🞛 This publication is a summary or evaluation of another publication}

BALA CYNWYD, Pa.--([ BUSINESS WIRE ])--Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Anadys Pharmaceticals, Inc. (aAnadysa or the aCompanya) (Nasdaq: ANDS) relating to the proposed acquisition Roche Holding AG. (aRochea).

Under the terms of the transaction Anadys shareholders would receive $3.70 in cash for each share of Anadys stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Anadys for not acting in the Anadys shareholders' best interests in connection with the sale process to Roche. The transaction may undervalue the Company as an analyst has set a price target of $4.00 for Anadys stock.

If you own shares of Anadys stock and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at [ investorrelations@brodsky-smith.com ], visiting [ http://brodsky-smith.com/345-ands-anadys-pharmaceuticals-inc.html ], or by calling toll free 877-LEGAL-90.