NEW YORK, March 14, 2014 /PRNewswire/ -- Juan E.
Monteverde, a partner at Faruqi & Faruqi, LLP, a leading
national securities firm headquartered in New York City, is investigating the Board of
Directors of Medgenics, Inc. ("Medgenics" or the "Company") (NYSE:
MDGN) for potential breaches of fiduciary duties in connection with
their conduct in seeking shareholders' approval for an amendment to
the Medgenics, Inc. Stock Incentive Plan.
Specifically, in the Proxy Statement filed by the Company with
the Securities and Exchange Commission on March 11, 2014, the Board of Directors recommends
that Medgenics's shareholders vote to approve the issuance of
shares of the common stock by 2,000,000 under the Stock Incentive
Plan. The issuance of these shares could have a substantial
dilutive effect on the shares of Medgenics common stock.
Request more information now by clicking here:
www.faruqilaw.com/ MDGN. There is no cost or obligation to
you.
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If you own common stock in Medgenics and wish to obtain
additional information and protect your investments free of charge,
please visit us at www.faruqilaw.com/ MDGN or contact Juan E. Monteverde, Esq. either via e-mail at
jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or
(212) 983-9330.
Contact:
Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: (877) 247-4292
Phone: (212) 983-9330
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