|[June 22, 2012]
INVESTOR ALERT: Faruqi & Faruqi, LLP is Investigating the Acquisition of Sun Healthcare Group, Inc.
NEW YORK --(Business Wire)--
Faruqi & Faruqi, LLP, a leading national securities firm headquartered
in New York City, is investigating the Board of Directors of Sun
Healthcare Group, Inc. ("Sun Healthcare" or the "Company") (NASDAQ:
SUNH) for potential breaches of fiduciary duties in connection with
their conduct related to the sale of the Company to Genesis HealthCare
LLC in an all-cash deal valued at approximately $275 million. Under the
terms of the proposed transaction, Sun Healthcare stockholders will
receive $8.50 in cash for each share of Sun Healthcare common stock they
Request more information now by clicking here: www.faruqilaw.com/SUNH.
There is no cost or obligation to you.
Whether Sun Healthcare's Board of Directors breached theirfiduciary
duties to the Company's stockholders by failing to conduct an adequate
and fair sales process prior to agreeing to this proposed transaction,
whether the proposed transaction undervalues Sun Healthcare's shares and
by how much this proposed transaction undervalues the Company to the
detriment of Sun Healthcare's shareholders are the key focus of this
Faruqi & Faruqi, LLP is a national law firm which represents investors
and individuals in class action litigation. The firm is focused on
providing exemplary legal services in complex litigation in the areas of
securities, shareholder, antitrust and consumer litigation, throughout
all phases of litigation. The firm has an experienced trial team which
has achieved significant victories on behalf of the firm's clients.
If you own common stock in Sun Healthcare and wish to obtain additional
information and protect your investments free of charge, please visit us
or contact Juan E. Monteverde, Esq. either via e-mail at firstname.lastname@example.org
or by telephone at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2012 Faruqi & Faruqi, LLP. The law firm
responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).
Prior results do not guarantee or predict a similar outcome with respect
to any future matter. We are happy to discuss your particular case.
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