Harwood Feffer LLP Announces Investigation of Bio-Reference Laboratories, Inc.

NEW YORK, June 4, 2015 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Bio-Reference Laboratories, Inc. ("BRL" or the "Company") (NASDAQ: BRLI) concerning the proposed acquisition of the Company by Opko Health, Inc. ("Opko") (NYSE: OPK).

Under the terms of the transaction, Opko would acquire BRL for approximately $1.47 billion.  BRL shareholders would receive 2.75 shares of Opko per share of BRLI owned, worth approximately $44.36.  On news of proposed transaction, BRL shares traded significantly below the offer price at approximately $39 per share. 

Our investigation concerns whether the BRLI 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 stockholders. 

If you own BRLI 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 I Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: bsachsmichaels@hfesq.com 
Website: http://www.hfesq.com 
Follow us on Twitter: @HarwoodFeffer

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.

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SOURCE Harwood Feffer LLP