Harwood Feffer LLP Announces Investigation of PAREXEL International Corporation

NEW YORK, June 20, 2017 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of PAREXEL International Corporation ("PAREXEL" or the "Company") (NASDAQ: PRXL) concerning the proposed acquisition of the Company by Pamplona Capital Management, LLP ("Pamplona").

Under the terms of the offer, Pamplona would acquire PAREXEL for approximately $5 billion.  Pursuant to the terms of the transaction, common shareholders of PAREXEL will receive $88.10 per share owned.  At least one Wall Street analyst has set a price target for PAREXEL stock of $90 per share. 

Our investigation concerns whether the PAREXEL board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders. 

If you own PAREXEL shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: [phone]
                           [phone]
Email:  [e-mail]
Website:   http://www.hfesq.com 
Follow us on Twitter: @HarwoodFeffer 

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm. 

Attorney Advertising. The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/harwood-feffer-llp-announces-investigation-of-parexel-international-corporation-300477106.html

SOURCE Harwood Feffer LLP

Copyright 2017 PR Newswire