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11.04.2017 03:38:00

Shareholder Alert: Monteverde & Associates PC Announces An Investigation Of Caladrius Biosciences, Inc. - CLBS

NEW YORK, April 10, 2017 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a boutique securities firm headquartered at the Empire State Building in New York City, is investigating Caladrius Biosciences, Inc. ("Caladrius" or the "Company") (CLBS) and its Board of Directors for potential securities laws violations and/or breaches of fiduciary duties in connection with the sale of the Company's 80.1% ownership interest in its PCT, LLC ("PCT") to Hitachi Chemical Co. America, Ltd. ("Hitachi") for $75 million, and in addition there is the potential for Caladrius to receive an additional cash payment of $5 million if PCT achieves a certain revenue-based milestone (the "Sale Agreement").

Click here for more information: http://monteverdelaw.com/investigations/m-a/.  It is free and there is no cost or obligation to you.

The investigation focuses on whether Caladrius and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company's stockholders by 1) failing to properly value the Sale Agreement and 2) failing to disclose all material financial information in connection with the upcoming shareholder meeting.

Monteverde & Associates PC is a boutique class action securities and consumer litigation law firm that has recovered millions of dollars and iscommitted to protecting shareholders and consumers from corporate wrongdoing.  Monteverde & Associates PC lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions, whereby they protect investors by recovering money and remedying corporate misconduct.

If you own common stock in Caladrius and wish to obtain additional information and protect your investments free of charge, please visit us at www.monteverdelaw.com/investigations/m-a/ or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.

Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341

Attorney Advertising. (C) 2017 Monteverde & Associates PC.  The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com).  Prior results do not guarantee a similar outcome with respect to any future matter. 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shareholder-alert-monteverde--associates-pc-announces-an-investigation-of-caladrius-biosciences-inc---clbs-300437711.html

SOURCE Monteverde & Associates PC

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