SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Auspex Pharmaceuticals, Inc. Over the Proposed Sale of the Company to Teva Pharmaceuticals, Inc. - ASPX
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Auspex Pharmaceuticals Inc. (“Auspex” or the “Company”) (NasdaqGM: ASPX) for potential breaches of fiduciary duties in connection with the sale of the Company to Teva Pharmaceutical Industries Ltd. (“Teva”) (NYSE: TEVA) for approximately $3.5 billion. The Company’s stockholders will receive $101 in cash for each share of Auspex common stock they own.
The investigation focuses on whether Auspex’ Board of Directors breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of Auspex’ shareholders.
If you own common stock in Auspex and wish to obtain additional information and protect your investments free of charge, please contact Juan E. Monteverde, Esq. either via e-mail at email@example.com or by telephone at (877) 247-4292 or (212) 983-9330.
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Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330
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