Law Office of Brodsky & Smith, LLC Announces Investigation of MAP
BALA CYNWYD, Pa., Jan. 23, 2013
BALA CYNWYD, Pa., Jan. 23, 2013 /PRNewswire/ --Law office of Brodsky & Smith,
LLC announces that it is investigating potential claims against the Board of
Directors of MAP Pharmaceuticals, Inc. ("MAP" or the "Company") (NASDAQ-NMS:
MAPP) relating to the proposed acquisition by Allergan, Inc. ("Allergan").
Under the terms of the transaction, MAP shareholders will receive only $25.00
in cash for each share of MAP stock they own. The investigation concerns
possible breaches of fiduciary duty and other violations of state law by the
Board of Directors of MAP for not acting in the Company's shareholders' best
interests in connection with the sale process to Allergan. MAP is expected to
receive a decision on its inhalable migraine treatment Levadex by the Food and
Drug Administration before mid-April. It has been reported that the global
migraine drug market will reach $5.8 billion by 2021.
If you own shares of MAP 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
http://brodsky-smith.com/530-mapp-map-pharmaceuticals-inc.html, by calling
toll free 877-LEGAL-90.
SOURCE Brodsky & Smith, LLC
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