Lifshitz & Miller Law Firm Announces Investigation of Aeroflex Holding Corp., INSYS Therapeutics, Inc., Lihua International, Inc., Overland Storage, Inc., and The ADT Corporation
NEW YORK, May 20, 2014 /PRNewswire/ --
Aeroflex Holding Corp.
Lifshitz & Miller announces an investigation into possible breaches of fiduciary duty in connection with the proposed sale of Aeroflex Holding Corp. (ARX) to Cobham plc in a cash transaction valued at $10.50 per share or approximately $1.46 billion.
For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (516) 493-9780 or by sending an e-mail including your contact information to: [email protected].
INSYS Therapeutics, Inc.
Lifshitz & Miller announces that a class action was filed in the United States District Court for the District of Arizona alleging that INSYS Therapeutics, Inc. (INSY) issued false and misleading statements between May 1, 2013 and May 8, 2014. Specifically, defendants made false and/or misleading statements and/or failed to disclose that (i) the Company engaged in illegal and/or unethical off label marketing of Subsys(R); and (ii) the Company was exposed to potential fines and other disciplinary actions as a result of its Subsys marketing practices.
For information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (516) 493-9780 or by sending an e-mail including your contact information to: [email protected].
Lihua International, Inc.
Lifshitz & Miller announces that a class action was filed in the United States District Court for the Central District of California alleging Lihua International, Inc. (LIWA) and certain of its officers and directors issued false and misleading statements between August 9, 2012 and April 30, 2014. Specifically, the complaint alleges that: (1) Lihua experienced a significant downturn; (2) Lihua's production activities slowed down dramatically in 2013, and have almost ceased after January 31, 2014; (3) Lihua's warehouse has been seized by the local PRC court; and (4) the company's Chairman and CEO, attempted to hide inventory from creditors.
For information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (516) 493-9780 or by sending an e-mail including your contact information to: [email protected].
Overland Storage, Inc.
Lifshitz & Miller announces an investigation into possible breaches of fiduciary duty in connection with the proposed sale of Overland Storage, Inc. (OVRL) to Sphere 3D Corporation in a transaction valued at total potential consideration of up to $4.43 per share, or approximately $81.13 million.
For information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (516) 493-9780 or by sending an e-mail including your contact information to: [email protected].
The ADT Corporation
Lifshitz & Miller announces that a class action was filed in the United States District Court for the Southern District of Florida alleging that The ADT Corporation ("ADT") issued false and misleading statements between November 27, 2012 and January 29, 2014. Specifically, defendants made false and/or misleading statements and/or failed to disclose that it was experiencing reduced demand outside of its ADT Pulse brand, accelerating churn rate and attrition, and increased advertising and service costs, which all adversely impacted its recurring revenue, margins, and earnings.
For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (516) 493-9780 or by sending an e-mail including your contact information to: [email protected].
ATTORNEY ADVERTISING. © 2014 Lifshitz & Miller. The law firm responsible for this advertisement is Lifshitz & Miller, 821 Franklin Avenue, Suite 209, Garden City, New York 11530, Tel: (516) 493-9780. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact:
Joshua M. Lifshitz, Esq.
Lifshitz & Miller
Phone: 516-493-9780
Facsimile: 516-280-7376
Email: [email protected]
SOURCE Lifshitz & Miller Law Firm
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