SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Verenium Corporation Buyout

Business Wire

WILMINGTON, Del.--(BUSINESS WIRE)--

Rigrodsky & Long, P.A.:

  • Do you own shares of Verenium Corporation (NASDAQ GM: VRNM)?
  • Did you purchase any of your shares prior to September 20, 2013?
  • Do you think the proposed buyout price is too low?
  • Do you want to discuss your rights?

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Verenium Corporation (“Verenium” or the “Company”) (NASDAQ GM: VRNM) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by BASF Corporation (“BASF”) in a transaction valued at approximately $51 million.

Click here to learn more: http://rigrodskylong.com/investigations/verenium-corporation-vrnm.

Under the terms of the agreement, public shareholders of Verenium will receive $4.00 per share in cash for each share of Verenium they own.

The investigation concerns whether Verenium’s board of directors failed to adequately shop the Company and obtain the best possible value for Verenium’s shareholders before entering into an agreement with BASF.

If you own the common stock of Verenium and purchased your shares before September 20, 2013, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth Rigrodsky or Shaye Fuchs at Rigrodsky & Long, P.A., 825 East Gate Boulevard, Suite 300, Garden City, New York 11530, by telephone at (888) 969-4242; by e-mail to info@rigrodskylong.com, or at: http://rigrodskylong.com/investigations/verenium-corporation-vrnm.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.

Attorney advertising. Prior results do not guarantee a similar outcome.

Contact:
Rigrodsky & Long, P.A.
Seth Rigrodsky
Shaye Fuchs
888-969-4242
516-683-3516
Fax: 302-654-7530
info@rigrodskylong.com
http://www.rigrodskylong.com
View Comments