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SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of Chelsea Therapeutics International, Ltd.
[May 09, 2014]

SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of Chelsea Therapeutics International, Ltd.

BALA CYNWYD, Pa. --(Business Wire)--

Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Chelsea Therapeutics International, Ltd. ("Chelsea" or the "Company") (Nasdaq: CHTP) relating to the proposed acquisition by H. Lundbeck A/S ("Lundbeck").

Click here to learn more about the investigation, or call: 877-534-2590. There is no cost or obligation to you.

Under the terms of the transaction, Chelsea shareholders will receive only $6.44 in cash and up to an additional $1.50 in a Contingent Value Right for each share of Chelsea stock they on. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Chelsea for not acting in the Company's shareholders' best interests in connection with the sale process. The transaction may undervalue the Company given the strong demand for Chelsea's recently FDA-approved Parkinson's disease treatment Northera, which treats low blood pressure. In addition, an analyst has set a $12.00 per share price target on Chelsea stock.

If you own shares of Chelsea common 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, by visiting, 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 case 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 successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

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