Finkelstein Thompson LLP Announces Investigation of Chattem, Inc.
December 22 2009 - 12:28PM
Business Wire
Finkelstein Thompson LLP is investigating potential claims on
behalf of shareholders of Chattem, Inc. ("Chattem" or the
"Company") (NASDAQ:CHTT) arising from the Company’s announcement of
its intent to be acquired by Sanofi-aventis (“Sanofi”). Under the
terms of the proposed transaction, Chattem shareholders will
receive $93.50 in cash for each Chattem share owned in a
transaction with a total value of $1.9 billion. The investigation
is focused on the potential unfairness of the price to Chattem
shareholders and the process by which the Company’s Board of
Directors considered and approved the transaction.
If you are interested in discussing your rights as a Chattem
shareholder, or have information relating to this investigation,
please contact Finkelstein Thompson's Washington, D.C. offices at
(877) 337-1050 or by email at contact@finkelsteinthompson.com.
Finkelstein Thompson LLP has spent over three decades delivering
outstanding representation to institutional and individual clients
in financial litigation, and has been appointed as lead or co-lead
counsel in dozens of shareholder class actions. Indeed, the firm
has served in leadership roles in cases that have recovered over $1
billion for investors and consumers. To learn more about
Finkelstein Thompson LLP, please visit our web site at
www.finkelsteinthompson.com. Attorney advertising. Prior results do
not guarantee similar outcomes.
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