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Ardea Biosciences, Inc. (NASDAQ:RDEA) Investor Files Lawsuit Against Directors To Stop Block Merger With AstraZeneca

  • If you who purchased shares of Ardea Biosciences, Inc. (NASDAQ:RDEA) prior to April 23, 2012 and currently hold any of those NASDAQ:RDEA shares, you have certain options and you should contact the Shareholders Foundation, Inc.

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Lawsuit Overview

April 25, 2012 (Shareholders Foundation) -- An investor in NASDAQ:RDEA shares filed a lawsuit against directors of Ardea Biosciences, Inc in effort to block the proposed takeover of Ardea Biosciences, Inc by AstraZeneca for $32 per share. According to the complaint the plaintiff alleges that the defendants breached their fiduciary duties owed to Ardea Biosciences investors arising ou...

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