WILMINGTON, Del.--(BUSINESS WIRE)--Rigrodsky & Long, P.A.:
- Do you own shares of KYTHERA Biopharmaceuticals, Inc. (NASDAQ GS: KYTH)?
- Did you purchase any of your shares prior to June 17, 2015?
- Do you think the proposed buyout value is too low?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of KYTHERA Biopharmaceuticals, Inc. (“KYTHERA” or the “Company”) (NASDAQ GS: KYTH) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Allergan plc (“Allergan”) (NYSE: AGN), in a transaction valued at approximately $2.1 billion.
Click here to learn more: http://rigrodskylong.com/investigations/kythera-biopharmaceuticals-inc-kyth.
Under the terms of the agreement, shareholders of KYTHERA will receive $75.00 in cash and Allergan shares for each share of KYTHERA they own.
The investigation concerns whether KYTHERA’s board of directors failed to adequately shop the Company and obtain the best possible value for KYTHERA’s shareholders before entering into an agreement with Allergan. According to Yahoo! Finance, at least one analyst has issued a price target for KYTHERA stock at $85.00 per share.
If you own the common stock of KYTHERA and purchased your shares before June 17, 2015, if you have information or would like to learn more about these claims, 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 Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803; by telephone at 888-969-4242; by e-mail to email@example.com; or at http://rigrodskylong.com/investigations/kythera-biopharmaceuticals-inc-kyth.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware, and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation on behalf of shareholders in states and federal courts throughout the United States.
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