Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of Directors
of VBI Vaccines Inc.
Faruqi
& Faruqi, LLP, a leading national securities firm headquartered
in New York City, is investigating the Board of Directors of VBI
Vaccines Inc. (“VBI” or the “Company”) (NasdaqCM:VBIV) for potential
breaches of fiduciary duties in connection with the sale of the Company
to SciVac Therapeutics Inc. for approximately $77 million.
The Company’s stockholders will only receive 20.808356 common shares of
SciVac for each share of VBI common stock they own, or approximately
$2.69 per share. However, at least one analyst sets a VBI target price
of $7.00 per share.
Click here for more information: www.faruqilaw.com/VBIV.
There is no cost or obligation to you.
The investigation focuses on whether VBI’s Board of Directors breached
their fiduciary duties to the Company’s stockholders by failing to
conduct a fair sales process and whether and by how much this proposed
transaction undervalues the Company to the detriment of VBI’s
shareholders.
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 a trial team which has achieved
significant victories on behalf of its clients. Follow us on Twitter at www.twitter.com/MergerActivity
or on Facebook at www.facebook.com/FaruqiLaw.
If you own common stock in VBI and wish to obtain information and
protect your investments free of charge, please visit us at www.faruqilaw.com/VBIV
or contact Juan 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 Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll
Free: (877) 247-4292
Phone: (212) 983-9330
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