NEW YORK, June 2, 2021 /PRNewswire/ — WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Constellation Pharmaceuticals, Inc. («Constellation» or the «Company») (NASDAQ: CNST) in connection with the proposed acquisition of the Company by MorphoSys AG («MorphoSys») (FSE: MOR; NASDAQ: MOR). The transaction is structured as an all-cash tender offer pursuant to which the Company’s shareholders will receive $34.00 for each share of Constellation common stock that they hold.
If you own Constellation shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:
Or please contact:
Joshua Rubin, Esq.
1500 Broadway, 16th Floor
New York, NY 10036
WeissLaw LLP is investigating whether Constellation’s board acted in the best interest of Constellation’s public shareholders in agreeing to the proposed transaction, whether the $34.00 offer price adequately compensates Constellation’s shareholders, and whether all information regarding the process undertaken by the board and the valuation of the transaction will be fully and fairly disclosed to Constellation’s public shareholders. Notably, multiple analysts set price targets for Constellation above the offer price, with a high target of $75.00.
WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at email@example.com
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SOURCE WeissLaw LLP