NEW YORK, March 20, 2019 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C. reminds investors that it is investigating potential claims on behalf of stockholders of Clementia Pharmaceuticals Inc., Multi-Color Corporation, and GTx, Inc. Additional information about each potential action can be found at the link provided.
Clementia Pharmaceuticals Inc. (NASDAQ: CMTA)
Buyer: Ipsen S.A.
Pursuant to the proposed transaction, announced on February 25, 2019 and valued at $1.31 billion, Clementia stockholders will receive $6.00 in cash for each share of Clementia common stock owned. The investigation focuses on whether Clementia and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
To learn more about the Clementia investigation go to: https://bespc.com/cmta/.
Multi-Color Corporation (NASDAQ: LABL)
Buyer: Platinum Equity LLC
Pursuant to the proposed transaction, announced on February 25, 2019 and valued at $2.5 billion, Multi-Color stockholders will receive $50.00 in cash for each share of Multi-Color common stock owned. The investigation focuses on whether Multi-Color and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
To learn more about the Multi-Color investigation go to: https://bespc.com/labl/.
GTx, Inc. (NASDAQ: GTXI)
Buyer: Oncternal Therapeutics, Inc.
Pursuant to the proposed transaction, announced on March 7, 2019, current GTx stockholders will own approximately 25% of the combined company. The investigation focuses on whether GTx and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
To learn more about the GTx investigation go to: https://bespc.com/gtxi/.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information about Bragar Eagel & Squire, P.C. please go to www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Melissa Fortunato, Esq.
(212) 308-1869
investigations@bespc.com
www.bespc.com