SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation as to Whether the Sale of VirtualScopics Inc. to BioTelemetry, Inc. is Fair to Shareholders — VSCP
NEW YORK, NY / ACCESSWIRE / March 28, 2016 / The following statement is being issued by Levi & Korsinsky, LLP:
To: All Persons or Entities who purchased VirtualScopics, Inc. (NASDAQ: VSCP) stock prior to March 25, 2016.
You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of VirtualScopics, Inc. to BioTelemetry, Inc. (NASDAQ: BEAT). Under the terms of the transaction, BioTelemetry common shareholders will receive $4.05 per share, Series A and Series B Convertible Preferred Stock shareholders will receive $336.30 per share, and Series C-1 Convertible Preferred Stock holders will receive $920.00 per share. To learn more about the action and your rights, go to: http://zlk.9nl.com/virtualscopics-vscp or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation involving financial fraud, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
30 Broad Street – 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
SOURCE: Levi & Korsinsky, LLP
ReleaseID: 438200