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Lawsuit Overview
June 24, 2016 (Shareholders Foundation) - An investor who currently holds shares of XenoPort, Inc. (NASDAQ:XNPT), filed a lawsuit in effort to halt the proposed takeover of XenoPort, Inc. by Arbor Pharmaceuticals, LLC for $7.03 per share. The plaintiff alleges that the defendants breached their fiduciary duties owed to NASDAQ:XNPT stockholders by agreeing to sell XenoPort, Inc too ch...
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