Last updated on April 19, 2014 at 18:42 EDT

Harwood Feffer LLP Announces Investigation of Sun Healthcare Group Inc.

June 21, 2012

NEW YORK, June 21, 2012 /PRNewswire/ – Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Sun Healthcare Group Inc. (“Sun Healthcare” or the “Company”) (NASDAQ: SUNH) concerning the proposed acquisition of the Company by Genesis Healthcare (“Genesis”) in a transaction valued at approximately $217 million.

(Logo: http://photos.prnewswire.com/prnh/20120215/MM54604LOGO )

On June 20, 2012, it was announced that Sun Healthcare and Genesis have entered into a definitive agreement pursuant to which Genesis will acquire Sun Healthcare. Under the agreement, Sun Healthcare shareholders will receive $8.50 in cash per share held.

Our investigation concerns whether the Sun Healthcare board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company shareholders.

If you own Sun Healthcare shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Benjamin Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.

Attorney Advertising.© 2012 Harwood Feffer LLP. The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.

SOURCE Harwood Feffer LLP

Source: PR Newswire