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Hi-Tech Pharmacal Co. (NASDAQ:HITK) Investor Files Lawsuit In Effort To Halt Takeover

  • If you purchased shares of the Hi-Tech Pharmacal Co. (NASDAQ:HITK) and currently hold any of those NASDAQ:HITK shares, you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Lawsuit Overview

September 9, 2013 (Shareholders Foundation) - An investor, who currently hold shares of Hi-Tech Pharmacal Co. (NASDAQ:HITK) , filed a lawsuit in effort to halt the proposed takeover of Hi-Tech Pharmacal Co. by Akorn, Inc.for $43.50 per NASDAQ:HITK share. The plaintiff claims that the defendants breached their fiduciary duties owed NASDAQ:HITK stockholder by agreeing to sell the compa...



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