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Investigation of proposed sale of Hyperion Therapeutics, Inc. (HPTX) to Horizon Pharma plc (HZNP)

Komlossy Law, P.A. is investigating the Board of Directors of Hyperion Therapeutics, Inc. (“Hyperion” or the “Company”) (NASDAQ: HPTX) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to complete a sale of the Company to Horizon Pharma plc (“Horizon”).  Pursuant to the terms of the proposed transaction, Hyperion shareholders are to receive $46.00 for each share of the Company. This represents only a 7.6% premium based on Hyperion’s March 27, 2015 closing price. The proposed consideration also falls well below recent price targets set by industry analysts.

The investigation involves whether the Board of Directors of Hyperion breached its fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the transaction, and whether the transaction is fair to shareholders with respect to price, process and disclosure of all material information.

If you own Hyperion stock and wish to obtain additional information about your […]

By |March 31st, 2015|Uncategorized|0 Comments

Miami Beer Trail

By |August 27th, 2014|Uncategorized|0 Comments

Don’t pay an attorney just to file your trademark application(s).

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I recently reviewed a listing of applied-for trademarks which demonstrate that many attorneys are clearly not providing their clients with substantive information regarding whether their marks are likely to register and why/why not.  Many attorneys clearly don’t take the time to discuss the trademark process with their clients.  They don’t seem to provide information regarding other marks in existence that may be cited in a refusal based upon a likelihood of confusion.  They don’t seem to explain that a descriptive mark cannot be reserved using an intent to use application or that if that mark is eventually put to use, the effective date will switch to the date it is placed in use rather than the date the application is filed (and thus falling behind any later-filed marks).  After seeing a number of these marks that suggest a […]

By |March 12th, 2014|Blog, Uncategorized|3 Comments

Old School Beer Fest

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By |February 21st, 2014|Uncategorized|0 Comments