Published:
Stull, Stull & Brody Announces Investigation on Behalf of Shareholders of Trimeris, Inc.
NEW YORK - (BUSINESS WIRE) - Attorney Advertising. Notice is hereby given that Stull, Stull & Brody
has commenced an investigation on behalf of shareholders of Trimeris,
Inc. ("Trimeris" or the "Company" ) (Nasdaq: TRMS) for possible breaches
of fiduciary duty and other violations of state law in connection with
an agreement by the Trimeris Board of Directors to sell all of the
Company's outstanding shares of common stock at a price of $3.60 per
share to Arigene Co., Ltd. ("Arigene" ).
If you own the common stock of Trimeris and wish to obtain additional
information about this matter, please contact Stull, Stull & Brody at
the toll-free number listed below. Stull, Stull & Brody has litigated
many class actions for violations of securities laws and breaches of
fiduciary duties on behalf of defrauded investors over the past 40 years
and has obtained court approval of substantial settlements on numerous
occasions.
The investigation concerns the price to be paid by Arigene to Trimeris
shareholders and the process by which the Trimeris Board of Directors is
addressing the transaction. Given that Trimeris common stock was trading
at $3.68 per share as recently as October 2, 2009, Stull, Stull & Brody
is investigating whether the Trimeris Board of Directors breached their
fiduciary duties owed to Trimeris shareholders in violation of state law
by not acting in the best interests of the Company's shareholders in
connection with the transaction.
If you wish to discuss this matter or have any questions concerning this
notice or your rights or interests with respect to this matter, please
contact Aaron Brody, Esq. at Stull, Stull & Brody by calling
1-800-337-4983 or 1-212-687-7230, or by email to ssbny@aol.com
or by writing to Stull, Stull & Brody, 6 East 45th
Street, New York, NY 10017.
Attorney advertising. Prior results do not guarantee a similar outcome.
Stull, Stull & Brody
Aaron Brody, Esq.
1-800-337-4983 or
212-687-7230
ssbny@aol.com
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