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UPI (MM)

1.20
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
(MM) NASDAQ:UPI 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% 1.20 0 01:00:00

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Uroplasty, Inc. of Class Action Challenging the Fairness of...

16/01/2015 2:58pm

GlobeNewswire Inc.


(MM) (NASDAQ:UPI)
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Levi & Korsinsky notifies shareholders of Uroplasty, Inc. ("Uroplasty" or "the Company") (Nasdaq:UPI) of claims of breaches of fiduciary duty and other violations of state law against the board of directors of the Company in connection with the sale of the Company to Vision-Sciences, Inc. (Nasdaq:VSCI). A complaint was filed in Minnesota state court.

Click here to learn more about the action: http://zlk.9nl.com/uroplasty.

Under the terms of the transaction, Uroplasty shareholders will receive 3.6331 shares of Vision-Sciences common stock for each share of Uroplasty stock they own. The claims concern whether the Board of Uroplasty breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Vision-Sciences, Inc. is underpaying for Uroplasty shares.

If you own Uroplasty common stock 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 visit http://zlk.9nl.com/uroplasty.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. 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, LLP
         Joseph Levi, Esq.
         Eduard Korsinsky, Esq.
         30 Broad Street - 24th Floor
         New York, NY 10004
         Tel: (212) 363-7500
         Toll Free: (877) 363-5972
         Fax: (866) 367-6510
         www.zlk.com

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