NEW YORK, Sept. 30, 2013
/PRNewswire/ -- Levi & Korsinsky is investigating the
Board of Directors of Verenium Corporation ("Verenium" or the
"Company") (NasdaqGM: VRNM) for possible breaches of fiduciary duty
and other violations of state law in connection with the sale of
the Company to BASF Corporation.
(Logo: http://photos.prnewswire.com/prnh/20120409/MM84375LOGO
)
Click here to learn more about the investigation
http://zlk.9nl.com/verenium-vrnm/, or call: 877-363-5972.
There is no cost or obligation to you.
Under the terms of the transaction, Verenium shareholders will
receive $4.00 for each share of
Verenium stock they own. The investigation concerns whether the
Verenium Board of Directors breached their fiduciary duties to
stockholders by failing to adequately shop the Company before
agreeing to enter this transaction, and whether BASF Corporation is
underpaying for Verenium shares.
If you own Verenium common stock and wish to obtain additional
information, please contact Joseph E. Levi,
Esq. either via email at jlevi@zlk.com or by telephone at
(212) 363-7500, toll-free: (877) 363-5972, or visit
http://zlk.9nl.com/verenium-vrnm/.
Levi & Korsinsky is a national firm with offices in
New York, New Jersey and Washington D.C. The firm has extensive
expertise in prosecuting securities litigation involving financial
fraud, representing investors throughout the nation in securities
and shareholder lawsuits. For more information, please feel free to
contact any of the attorneys listed below. Attorney advertising.
Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
SOURCE Levi & Korsinsky, LLP
