NEW YORK, Nov. 15, 2013 /PRNewswire/ -- 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 ViroPharma Inc. ("ViroPharma" or the "Company")
(NasdaqGS: VPHM) for potential breaches of fiduciary duties in
connection with their conduct related to the sale of the Company to
Shire (NasdaqGS: SHPG) in a cash deal valued at approximately
$4.2 billion. Under the terms
of the proposed transaction, ViroPharma's stockholders will receive
$50.00 for each share of ViroPharma
common stock they own.
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www.faruqilaw.com/VPHM. There is no cost or obligation to
you.
The investigation focuses on whether ViroPharma's Board of
Directors breached their fiduciary duties to the Company's
stockholders by failing to conduct an adequate and fair sales
process prior to agreeing to this proposed transaction, whether and
by how much this proposed transaction undervalues the Company to
the detriment of ViroPharma's shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The
firm is focused on providing exemplary legal services in complex
litigation in the areas of securities, shareholder, antitrust and
consumer litigation, throughout all phases of litigation. The
firm has an experienced trial team which has achieved significant
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If you own common stock in ViroPharma and wish to obtain
additional information and protect your investments free of charge,
please visit us at www.faruqilaw.com/VPHM or contact
Juan E. Monteverde, Esq. either via
e-mail at jmonteverde@faruqilaw.com or by telephone at (877)
247-4292 or (212) 983-9330.
Contact:
Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: (877) 247-4292
Phone: (212) 983-9330
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