Directors of Sequenom inflated share price with false and misleading statements about its genetic diagnostic test, SEQureDx, shareholders claim in San Diego Federal Court. Shareholders challenge HLTH Corp.’s $1.2 billion merger with WebMD Health Corp., in New York County Court. Shareholders say directors of FiberNet Telecom Group are selling the company too cheaply to the Zayo Group – for $11.45 a share, or $88 million – though RCN Corp. offered $12.50 a share, in Delaware Chancery Court. Shareholders claims CuraGen is selling itself too cheaply to Celldex Therapeutics, for $94.5 million, o4 $1.55 a share, in New Haven Superior Court.
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