Law Office of Brodsky & Smith, LLC Announces Investigation of Life
BALA CYNWYD, Pa., April 16, 2013
BALA CYNWYD, Pa., April 16, 2013 /PRNewswire/ --Law office of Brodsky &
Smith, LLC announces that it is investigating potential claims against the
Board of Directors of Life Technologies Corp. ("Life" or the "Company")
(Nasdaq- LIFE-News) relating to the reported acquisition by Thermo Fisher
Scientific, Inc. ("Thermo Fisher").
Under the terms of the transaction Life Shareholders will receive $76 in cash
for each share of Life stock they own. The investigation concerns possible
breaches of fiduciary duty and other violations of state law by the Board of
Directors of Life for not acting in the Company's shareholders' best interests
in connection with the sale process. The market for gene tests, like the one
sold by Life, may grow to $25 billion within a decade as more doctors use a
patient's genetic makeup to tailor treatments.
If you own shares of Life 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/564-life-life-technologies-corp.html, by calling toll
Attorney advertising. Prior results do not guarantee a similar outcome.
SOURCE Brodsky & Smith, LLC
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