BALA CYNWYD, Pa., March 31, 2015 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Catamaran
Corporation ("Catamaran" or "the Company") (Nasdaq-CTRX-News) for
possible breaches of fiduciary duty and other violations of state
law in connection with the sale of the Company to United Health
Group, Inc.'s OptumRX, Inc. ("OptumRX").
Click here to learn more about the investigation
http://brodsky-smith.com/909-ctrx-catamaran-corporation.html, or
call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Catamaran shareholders will
receive only $61.50 in cash for each
share of Catamaran stock they own. The investigation concerns
whether the Board of Catamaran breached their fiduciary duties to
stockholders by failing to adequately shop the Company before
agreeing to enter into this transaction, and whether OptumRX is
underpaying for Catamaran.
The transaction may undervalue Catamaran which has robust
revenue growth, a solid financial position with reasonable debt
levels, an increased stock price during the past year, earnings per
share growth, and growth in net income. In addition, Catamaran's
business is expected to benefit from an aging U.S. population,
prevalence of chronic disease, increased life expectancy, and
raising pharmaceutical costs. As a result an analyst has set a
$66.00 per share price target for
Catamaran stock.
If you own shares of Catamaran stock and wish to discuss the
legal ramifications of the investigation, or have any
questions, you may e-mail or call the law office of Brodsky &
Smith, LLC who will, without obligation or cost to you, attempt to
answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith,
LLC, Two Bala Plaza, Suite 510, Bala
Cynwyd, PA 19004, by visiting
http://brodsky-smith.com/909-ctrx-catamaran-corporation.html, or
calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive
expertise representing shareholders throughout the nation in
securities and class action lawsuits. The attorneys at Brodsky
& Smith have been appointed by numerous courts throughout the
country to serve as lead counsel in class actions and have
successfully recovered millions of dollars for our clients and
shareholders. Attorney advertising. Prior results do not guarantee
a similar outcome.
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SOURCE Brodsky & Smith, LLC