Law Offices of Howard G. Smith Announces Investigation of Conceptus, Inc.
BENSALEM, Pa. -- May 1, 2013
Law Offices of Howard G. Smith announces that it is investigating potential
claims against the Board of Directors of Conceptus, Inc. (“Conceptus” or the
“Company”) (NASDAQ:CPTS) related to the proposed acquisition of the Company by
Bayer HealthCare LLC. The transaction is valued at approximately $1.1 billion
or $31 per share.
This investigation concerns whether the Board of Directors of Conceptus
breached their fiduciary duties to stockholders by failing to adequately shop
the Company before agreeing to enter into the proposed transaction, and
whether the Company has disclosed all material information to shareholders
about the transaction. The Company has seen substantial recent growth. Its
share price has skyrocketed from $9.76 on October 3, 2011 to $26.73 on April
If you are a shareholder of Conceptus, if you have information or would like
to learn more about our investigation, or if you wish to discuss these matters
or have any questions concerning this announcement or your rights or interests
with respect to these matters, please contact Howard G. Smith, Esquire, of Law
Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem,
Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888)
638-4847, or by email to firstname.lastname@example.org, or visit our website
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
Toll Free: (888) 638-4847
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