Law Office of Brodsky & Smith, LLC Announces Investigation of Velcera, Inc.

Sat Feb 2, 2013 12:00pm EST

* Reuters is not responsible for the content in this press release.

For best results when printing this announcement, please click on the link

BALA CYNWYD, Pa.,  Feb. 2, 2013  /PRNewswire/ -- Law office of Brodsky & Smith,
LLC announces that it is investigating potential claims against the Board of
Directors of Velcera, Inc. ("Velcera" or the "Company") (OTC: VLCR) relating to
the proposed acquisition by Perrigo Company ("Perrigo").  

Under the terms of the transaction, Velcera shareholders will receive only 
$0.40  in cash for each share of Velcera stock they own. The investigation
concerns possible breaches of fiduciary duty and other violations of state law
by the Board of Directors of Velcera for not acting in the Company's
shareholders' best interests in connection with the sale process to Perrigo. The
transaction may undervalue the Company and will result in a loss for many
shareholders. For example Velcera stock traded at  $0.90  as recently as 
December 26, 2012  and  $1.05  on  October 16, 2012.  

If you own shares of Velcera stock and wish to discuss the legal ramifications
of the proposed transaction, 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 602, 
Bala Cynwyd, PA  19004, by e-mail at 
visiting, by calling toll
free 877-LEGAL-90.

SOURCE  Brodsky & Smith, LLC

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.