Juan
E. Monteverde, a partner at Faruqi
& Faruqi, LLP, a leading national securities firm headquartered
in New York City, announces that a class action lawsuit against the
Board of Directors of Gentium S.p.A. (“Gentium” or the “Company”)
(NasdaqGM:GENT) for breaches of fiduciary duties in connection with
their conduct related to the sale of the Company to Jazz Pharmaceuticals
has been filed in the United States District Court for the Southern
District of New York. The case was filed on behalf of holders of Gentium
American Depositary Shares (“ADSs”) on January 15, 2014. Investors have
until March 17, 2014 to file lead plaintiff applications.
Request more information now by clicking here: www.faruqilaw.com/GENT.
There is no cost or obligation to you.
The complaint alleges that Gentium’s Board of Directors breached their
fiduciary duties to the Company’s stockholders by failing to conduct an
adequate and fair sales process prior to agreeing to this proposed
transaction and by filing a materially false and misleading Schedule
14D9 with the Securities and Exchange Commission in an attempt to gain
shareholder support for the transaction.
Faruqi
& Faruqi, LLP is a national law firm which represents investors
and individuals in class action litigation. The firm is focused on
providing exemplary legal services in complex litigation in the areas of
securities, shareholder, antitrust and consumer litigation, throughout
all phases of litigation. The firm has an experienced trial team which
has achieved significant victories on behalf of the firm’s clients. To
keep track of the latest securities litigation news, follow us on
Twitter at www.twitter.com/MergerActivity
or on Facebook at www.facebook.com/FaruqiLaw.
If you own common stock in Gentium and wish to obtain additional
information and protect your investments free of charge, please visit us
at www.faruqilaw.com/GENT
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.
Attorney Advertising. (C) 2014 Faruqi & Faruqi, LLP. The law firm
responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).
Prior results do not guarantee or predict a similar outcome with respect
to any future matter. We are happy to discuss your particular case.
Copyright Business Wire 2014