Faruqi & Faruqi, LLP Is Seeking More Cash For The Shareholders Of Metropolitan Health Networks, Inc. (MDF)

NEW YORK--(BUSINESS WIRE)--Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Metropolitan Health Networks, Inc. (“Metropolitan” or the “Company”) (NYSE: MDF) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Humana Inc. (NYSE: HUM) in an all-cash deal valued at approximately $500 million. Under the terms of the proposed transaction, Metropolitan’s stockholders will receive $11.25 in cash for each share of Metropolitan common stock they own, while according to Yahoo! Finance, at least one financial analyst has set a price target of $13 for Metropolitan.