The Law Firm of Levi & Korsinsky, LLP Notifies Investors of Claims of
Breaches of Fiduciary Duty by the Board of Catalyst Health Solutions
Inc. in Connection With the Sale of the Company to SXC Health
NEW YORK, NY -- (Marketwire) -- 04/24/12 -- Levi & Korsinsky
notifies investors of Catalyst Health Solutions Inc. ("Catalyst")
(NASDAQ: CHSI) of claims of breaches of fiduciary duty and other
violations of state law against the board of directors of the Company
in connection with the sale of the Company to SXC Health Solutions,
Corp. ("SXC") (NASDAQ: SXCI). Under the terms of the transaction,
Catalyst shareholders will receive $28.00 in cash and 0.6606 shares
of SXC stock for each Catalyst share they own. The transaction values
Catalyst stock at approximately $81.02 per share for a total
transaction value of approximately $4.4 billion. A complaint was
filed in Delaware state court.
Click here to learn how to join the action:
http://zlk.9nl.com/catalyst-health-solutions-chsi, or call:
877-363-5972. There is no cost or obligation to you.
The investigation concerns whether the Catalyst Board of Directors
breached their fiduciary duties to Catalyst stockholders by failing
to adequately shop the Company before entering into this transaction
and whether SXC is underpaying for Catalyst shares, thus unlawfully
harming Catalyst stockholders.
If you own common stock in Catalyst and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email at
firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877)
363-5972, or http://zlk.9nl.com/catalyst-health-solutions-chsi.
Levi & Korsinsky is a national firm with offices in New York 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.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
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