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The Briscoe Law Firm and Powers Taylor,;; LLP Announce Investigation of Caliper Life Sciences Inc.

^{Published on 2011-09-08 21:01:09 - Market Wire}
 

DALLAS--([ BUSINESS WIRE ])--Former United States Securities and Exchange Commission attorney [ Willie Briscoe ] and the securities litigation firm of [ Powers Taylor, LLP ] are investigating the acquisition of Caliper Life Sciences Inc. (aCalipera or aCALPa) (NASDAQ: CALP) by PerkinElmer Inc. Caliper recently entered into an acquisition agreement with Permira in which Caliper will be purchased and CALP shareholders will receive $10.50 in cash for each share of Caliper/CALP owned.

"Based on these and other factors, we are additionally investigating whether the transaction undervalues the stock, and our anticipated lawsuit will seek to obtain the highest share price for all shareholders"

If you are an affected shareholder, and you want to learn more about the investigation or join the action, contact Patrick Powers at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at [ patrick@powerstaylor.com ], or Willie Briscoe at The Briscoe Law Firm, PLLC toll free (877) 397-5991, or via email at [ WBriscoe@TheBriscoeLawFirm.com ]. There is no cost or fee to you.

The definitive acquisition agreement involves an all cash transaction valued at approximately $600 million. According to the press release, the transaction is expected to close in the fourth quarter of 2011.

aWe are investigating the fairness of the proposed transaction to CALP shareholders, whether the shareholders are being underpaid for their stock, and whether CALPa™s Board of Directors acted in the shareholdersa™ best interests,a said shareholder rights attorney Willie Briscoe. In particular, CALP has seen substantial growth in its stock price, increasing from $3.37 on September 9, 2010 to $8.53 on July 22, 2011. aBased on these and other factors, we are additionally investigating whether the transaction undervalues the stock, and our anticipated lawsuit will seek to obtain the highest share price for all shareholders,a said Willie Briscoe.

The Briscoe Law Firm is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation matters.

Powers Taylor, LLP is a boutique litigation firm that handles a variety of complex business litigation matters nationwide, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.