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AUSPEX SHAREHOLDER ALERT: Johnson & Weaver, LLP Investigates the Fairness of Price and Process in Proposed Sale of Auspex Pharmaceuticals, Inc. to Teva Pharmaceutical Industries Ltd.
[March 30, 2015]

AUSPEX SHAREHOLDER ALERT: Johnson & Weaver, LLP Investigates the Fairness of Price and Process in Proposed Sale of Auspex Pharmaceuticals, Inc. to Teva Pharmaceutical Industries Ltd.


Shareholder Rights Law Firm Johnson & Weaver, LLP is investigating whether members of the board of directors of Auspex Pharmaceuticals, Inc. (NASDAQ: ASPX) breached their fiduciary duties in connection with the planned merger of the Company with Teva Pharmaceutical Industries Ltd. Auspex is a biopharmaceutical company that focuses on developing and commercializing novel medicines for the treatment of orphan diseases.

On March 30, 2015, Auspex and Teva announced that they had entered into a definitive merger agreement. Under the terms of the merger agreement, Teva will commence a tender for all of the outstanding shares of Auspex at $101.00 per share in cash.

Nationally recognized Johnson & Weaver, which focuses its practice on shareholer rights, is investigating whether the proposed $101 per share deal price represents adequate consideration, especially given the Company's strong balance sheet and the $105 price target one Wall Street analyst that has a on the stock.



If you are an Auspex shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker ([email protected]) by email or by phone at 619-814-4471. If emailing, please include a phone number where you can be reached.

About Johnson & Weaver, LLP:


Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.


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