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Stock Market & Financial Investment News

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January 16, 2013
13:42 EDTEPOC, ATHNEpocrates discloses class action shareholders suit relating to athenahealth deal
In a regulatory filing, Epocrates disclosed that on January 11, Stephen Bushansky filed a class action lawsuit in the Superior Court of the State of California, County of San Mateo, purportedly on behalf of the stockholders of Epocrates, against Epocrates and its directors, alleging, among other things, Epocrates’ directors breached their fiduciary duties to the stockholders of Epocrates in connection with the proposed merger of Epocrates with athenahealth (ATHN). The complaint seeks, among other things, to enjoin the defendants from completing the merger as currently contemplated. Epocrates and its directors intend to take all appropriate actions to defend the suit. It is possible that additional similar complaints may be filed in the future. If this does occur, Epocrates does not intend to announce the filing of any similar complaints.
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