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MTOX Medtox Scientific, Inc. (MM)

27.00
0.00 (0.00%)
13 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Medtox Scientific, Inc. (MM) NASDAQ:MTOX NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 27.00 0 01:00:00

The Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of MEDTOX...

05/06/2012 5:17pm

Business Wire


Medtox Scientific, Inc. (MM) (NASDAQ:MTOX)
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Levi & Korsinsky is investigating the Board of Directors of MEDTOX Scientific, Inc. (“MEDTOX” or the “Company”) (Nasdaq: MTOX) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Laboratory Corporation of America® Holdings (“LabCorp”) (NYSE: LH).

Click here to learn how to join the action: http://zlk.9nl.com/medtox-scientific-mtox, or call: 877-363-5972. There is no cost or obligation to you.

Under the terms of the transaction, MEDTOX shareholders will receive $27.00 per share of MEDTOX stock they own. The transaction has an approximate total value of $241 million. The investigation concerns whether the MEDTOX Board of Directors breached their fiduciary duties to MEDTOX stockholders by failing to adequately shop the Company before entering into this transaction and whether LabCorp is underpaying for MEDTOX shares, thus unlawfully harming MEDTOX stockholders.

If you own common stock in MEDTOX and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or http://zlk.9nl.com/medtox-scientific-mtox.

Levi & Korsinsky is a national firm with offices in New York and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major securities lawsuits and have successfully recovered multimillion-dollar damages awards on behalf of investors. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:Levi & Korsinsky, LLPJoseph Levi, Esq.Eduard Korsinsky, Esq.30 Broad Street - 24th FloorNew York, NY 10004Tel: (212) 363-7500Toll Free: (877) 363-5972Fax: (212) 363-7171www.zlk.com

1 Year Medtox Scientific, Inc. (MM) Chart

1 Year Medtox Scientific, Inc. (MM) Chart

1 Month Medtox Scientific, Inc. (MM) Chart

1 Month Medtox Scientific, Inc. (MM) Chart

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