Faruqi & Faruqi, LLP Announces Shareholder Investigation Related to the Acquisition of Martek Biosciences Corp. - MATK

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Martek Biosciences Corp. (“Martek” or the “Company”) (NasdaqGS: MATK) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Royal DSM NV for an estimated $1.09 billion. The proposed transaction offers Martek shareholders to only receive $31.50 a share in cash.

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Whether the Martek’s Board of Directors breached their fiduciary duties to Martek’s stockholders by failing to conduct an adequate and fair sales process to sell the Company prior to agreeing to this proposed transaction, whether the proposed transaction undervalues Martek’s shares and by how much this proposed transaction undervalues the Company to the detriment of Martek shareholders are the key focus of this investigation.

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, through all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm’s clients.

If you own common stock in Martek and wish to obtain additional information, please visit us at www.faruqilaw.com/MATK or contact Juan E. Monteverde, Esq. either via e-mail at [e-mail] or by telephone at [phone] or [phone].

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