|[November 09, 2012]
Law Office of Brodsky & Smith, LLC Announces Investigation of Metropolitan Health Networks, Inc.
BALA CYNWYD, Pa. --(Business Wire)--
Law office of Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Metropolitan Health
Networks, Inc. ("MDF" or the "Company") (NYSE: MDF) relating to the
proposed acquisition by Humana, Inc. ("Humana").
Under the terms of the transaction, MDF shareholders will receive only
$11.25 in cash for each share of MDF stock they own. The investigation
concerns possible breaches of fiduciary duty and other violations of
state law by the Board of Directors of MDF for not acting in the
Company's shareholders' best interests in connection with the sale
process to Humana. The transactio may undervalue the Company and will
not result in any substantial gain for many MDF shareholders. For
example MDF stock traded at $11.02 as recently as October 26, 2012 and
an analyst has set a price target for MDF stock at $13.00 per share.
If you own shares of MDF 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 email@example.com
by calling toll free 877-LEGAL-90.
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