SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Investigation
of Medistem, Inc. - MEDS
BALA CYNWYD, Pa., Jan. 8, 2014
BALA CYNWYD, Pa., Jan. 8, 2014 /PRNewswire/ -- Law office of Brodsky & Smith,
LLC announces that it is investigating potential claims against the Board of
Directors of Medistem, Inc. ("Medistem" or the "Company") (OTC Markets: MEDS)
relating to the proposed acquisitionofIntrexon Corporation. ("Intrexon").
Click here to learn more about the investigation
http://brodsky-smith.com/703-meds-medistem-inc.html, or call: 877-534-2590.
There is no cost or obligation to you.
Under the terms of the acquisition, Medistem shareholders will receive only
$0.27in cash and $1.08 worth of Intrexon stock for each share of Medistem
stock they own. The investigation concerns possible breaches of fiduciary duty
and other violations of state law by the Board of Directors of Medistem for
not acting in the Company's shareholders' best interests in connection with
the sale process. The transaction may undervalue the Company and will result
in a loss or no gain for many long term Medistem shareholders. The transaction
only values Medistem at $26 million. Medistem stock traded above the sale
price at $2.68 per share as recently as September 23, 2013 and traded at $2.98
on March 21, 2012.
If you own shares of Medistem common 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
firstname.lastname@example.org, by visiting
http://brodsky-smith.com/703-meds-medistem-inc.html, or calling toll free
Brodsky & Smith, LLC is a litigation law firm with extensive expertise
representing shareholders throughout the nation in securities and case action
lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous
courts throughout the country to serve as lead counsel in class actions and
successfully recovered millions of dollars for our clients and shareholders.
Attorney advertising. Prior results do not guarantee a similar outcome.
SOURCE Brodsky & Smith, LLC
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