{"id":380978,"date":"2020-11-13T11:34:29","date_gmt":"2020-11-13T16:34:29","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=380978"},"modified":"2020-11-13T11:34:29","modified_gmt":"2020-11-13T16:34:29","slug":"shareholder-alert-rigrodsky-long-p-a-announces-investigation-of-akers-biosciences-inc-merger","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-rigrodsky-long-p-a-announces-investigation-of-akers-biosciences-inc-merger\/","title":{"rendered":"SHAREHOLDER ALERT: Rigrodsky &amp; Long, P.A. Announces Investigation of Akers Biosciences, Inc. Merger"},"content":{"rendered":"<div class=\"mw_release\">\n<p>WILMINGTON, Del., Nov.  13, 2020  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=5GcghNhNQjpgLCnKX2FDtK-9K717KwhOzzBx5IzdEqF14YPrv6r6EchYgFjH4WeNYAPCsw5Wc8Gt3Wq9-4AZBecuJqojK34oBm5IjlabZjc=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Rigrodsky &amp; Long, P.A.<\/a> announces that it is investigating Akers Biosciences, Inc. (\u201cAkers\u201d) (NASDAQ GS: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=rWU2KEs8lUY7hIyB0nLVwZ3Ti61hjW0gYe7-jLGqKy4JB355I-eggl35nWfOsXzv72LrOSsGC091QLWhTDW8w89uAc3vyoqJTNmzXwA6F5s=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">AKER<\/a>) regarding possible breaches of fiduciary duties and other violations of law related to Akers\u2019 agreement to merge with MYMD Pharmaceuticals, Inc. (\u201cMYMD\u201d). Under the terms of the agreement, Akers will issue a number of shares of Akers common stock to MYMD\u2019s shareholders. Upon completion of the merger, Akers\u2019 shareholders will own approximately 20% of the combined company and MYMD\u2019s shareholders will own approximately 80% of the combined company.<\/p>\n<p>To learn more about this investigation and your rights, visit: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Z8d2kOpDHyGTLihAX7EJQnNAelWUQ5dwt-lYOvNIdH0Icb9iMmgte4iGwhg4Kp0htC68Tmv5lF1NljH_yxOFfqb9ftl7JWP2B9-kXWQFabxrw2yWxZjxrtSamatCjW8Ump69QNwVJSVzygtWZZSHTFnG8YDco12EO9hP1xyZ6K4=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.rl-legal.com\/cases-akers-biosciences-inc<\/a>.<\/p>\n<p align=\"justify\">You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=wCCF2hpipkqty--edWoy5BKAR4G7su4BmLKwJXEodBpVlxlfY7dAvNitviasgqPTFY7eMaJhrq9tbAw3VNF3ig==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">info@rl-legal.com<\/a>.<\/p>\n<p>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=5GcghNhNQjpgLCnKX2FDtK-9K717KwhOzzBx5IzdEqEJgIh7XysHB8eXN1o55nHI1e8YwwprQBKwNA3CICmpSdFHonwXVQrvKBn4-xEu1i4=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Rigrodsky &amp; Long, P.A.<\/a>, with offices in Delaware and New York, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=sZjjuRXaajs2NZ5_MdInX4xQIrLMC3brm1CTdpiJZt74ZV8qOaTUNz7d8ZI9xpoqYWuMeinY3mVKNdt7lCGbPCFMH-I5LrZzJLN3ptNk9Cc=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">securities fraud <\/a><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=yzPnz7mygBLTH0BmZKFa-dyz6KEQKVR_w7ppdDIu7wvmsI9p-VLPw3LGCup6p01YC0yk5TxmpK1_ECJ-oMpIm6VYZTDcy8Jdse3uCpQsvpovt-kqFB8uPbvSD3RNS3O0\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">and corporate class <\/a><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=kP1FEf5WMhOeAUf1BIT_VjTk4LBoh2UrYuII-IXpLEYaIcVlPsKi9O2iGFYNG1rgZrr2_GcJcWZKKEGhyUz6mgZaXCmgIqbUjSHN9c-ZeRw=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">actions<\/a> nationwide.<\/p>\n<p>Attorney advertising.\u00a0 Prior results do not guarantee a similar outcome.<\/p>\n<p>CONTACT: \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n<p>Rigrodsky &amp; Long, P.A.<br \/>Seth D. Rigrodsky<br \/>Gina M. Serra<br \/>(888) 969-4242 (Toll Free)<br \/>(302) 295-5310<br \/>Fax: (302) 654-7530<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=wCCF2hpipkqty--edWoy5OcE1M_v3HLnFcB27p5fbcug4697vSD4ZFJyaSZhTAUVNMMLTpDeuzoABmOTteG08A==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">info@rl-legal.com<\/a><br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Z8d2kOpDHyGTLihAX7EJQlT49HoASYyUx0AUreDfnB06FjKq0etr-i_D-YIZDYHH0P6pZ7FNLN445RY0tK1INQ==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/rl-legal.com<\/a><\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4NTg5MCMzODI2NjUwIzIwMjg5Nzc=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/4f796b8c-40ec-4417-ae32-be8c4e01ac07\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>WILMINGTON, Del., Nov. 13, 2020 (GLOBE NEWSWIRE) &#8212; Rigrodsky &amp; Long, P.A. announces that it is investigating Akers Biosciences, Inc. (\u201cAkers\u201d) (NASDAQ GS: AKER) regarding possible breaches of fiduciary duties and other violations of law related to Akers\u2019 agreement to merge with MYMD Pharmaceuticals, Inc. (\u201cMYMD\u201d). Under the terms of the agreement, Akers will issue a number of shares of Akers common stock to MYMD\u2019s shareholders. Upon completion of the merger, Akers\u2019 shareholders will own approximately 20% of the combined company and MYMD\u2019s shareholders will own approximately 80% of the combined company. To learn more about this investigation and your rights, visit: https:\/\/www.rl-legal.com\/cases-akers-biosciences-inc. You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-rigrodsky-long-p-a-announces-investigation-of-akers-biosciences-inc-merger\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SHAREHOLDER ALERT: Rigrodsky &amp; Long, P.A. Announces Investigation of Akers Biosciences, Inc. Merger&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-380978","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SHAREHOLDER ALERT: Rigrodsky &amp; Long, P.A. Announces Investigation of Akers Biosciences, Inc. Merger - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-rigrodsky-long-p-a-announces-investigation-of-akers-biosciences-inc-merger\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SHAREHOLDER ALERT: Rigrodsky &amp; Long, P.A. Announces Investigation of Akers Biosciences, Inc. Merger - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"WILMINGTON, Del., Nov. 13, 2020 (GLOBE NEWSWIRE) &#8212; Rigrodsky &amp; Long, P.A. announces that it is investigating Akers Biosciences, Inc. (\u201cAkers\u201d) (NASDAQ GS: AKER) regarding possible breaches of fiduciary duties and other violations of law related to Akers\u2019 agreement to merge with MYMD Pharmaceuticals, Inc. (\u201cMYMD\u201d). Under the terms of the agreement, Akers will issue a number of shares of Akers common stock to MYMD\u2019s shareholders. Upon completion of the merger, Akers\u2019 shareholders will own approximately 20% of the combined company and MYMD\u2019s shareholders will own approximately 80% of the combined company. To learn more about this investigation and your rights, visit: https:\/\/www.rl-legal.com\/cases-akers-biosciences-inc. You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) &hellip; Continue reading &quot;SHAREHOLDER ALERT: Rigrodsky &amp; Long, P.A. Announces Investigation of Akers Biosciences, Inc. Merger&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-rigrodsky-long-p-a-announces-investigation-of-akers-biosciences-inc-merger\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-13T16:34:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4NTg5MCMzODI2NjUwIzIwMjg5Nzc=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-rigrodsky-long-p-a-announces-investigation-of-akers-biosciences-inc-merger\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-rigrodsky-long-p-a-announces-investigation-of-akers-biosciences-inc-merger\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SHAREHOLDER ALERT: Rigrodsky &amp; Long, P.A. 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Under the terms of the agreement, Akers will issue a number of shares of Akers common stock to MYMD\u2019s shareholders. Upon completion of the merger, Akers\u2019 shareholders will own approximately 20% of the combined company and MYMD\u2019s shareholders will own approximately 80% of the combined company. To learn more about this investigation and your rights, visit: https:\/\/www.rl-legal.com\/cases-akers-biosciences-inc. You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) &hellip; Continue reading \"SHAREHOLDER ALERT: Rigrodsky &amp; Long, P.A. Announces Investigation of Akers Biosciences, Inc. 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