NEW YORK, May 8, 2012 /PRNewswire/ -- Levi &
Korsinsky is investigating the Board of Directors of Kensey Nash
Corporation ("Kensey Nash" or the
"Company") (NASDAQ GS: KNSY) for possible breaches of fiduciary
duty and other violations of state law in connection with the sale
of the Company to Royal DSM N.V. ("DSM") (NYSE Euronext: DSM
KON). Under the terms of the agreement, Kensey Nash shareholders will receive
$38.50 for each share of Kensey Nash stock they own. The
transaction has a total approximate value of $360 million.
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Click here to learn how to join the action:
http://www.zlk.com/kensey-nash-knsy, or call: 877-363-5972. There
is no cost or obligation to you.
The investigation concerns whether the Kensey Nash Board of
Directors breached their fiduciary duties to Kensey Nash stockholders by failing to
adequately shop the Company before entering into this transaction
and whether DSM is underpaying for Kensey
Nash shares, thus unlawfully harming Kensey Nash stockholders.
If you own common stock in Kensey
Nash 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://www.zlk.com.
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, 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: (212) 363-7171
www.zlk.com
SOURCE Levi & Korsinsky, LLP