Caliper Life Sciences, Inc.'s Violation of Fiduciary Duty to Be Investigated by Brower Piven

09/09/11

Caliper Life Sciences, Inc.'s violation of fiduciary duty to be investigated by Brower Piven

An investigation regarding the potential violation of fiduciary responsibilities and other breaches of state law by Caliper Life Sciences, Inc's board of directors relating to the proposed acquisition of the company by PerkinElmer, Inc. has been started by the law firm Brower Piven. PerkinElmer, Inc. had announced that it entered into an ultimate conformity for acquiring Caliper Life Sciences for $10.50 per share in cash, or a cumulative procurement price of about $600 million. The investigation will determine, whether the board violated their fiduciary duties by failing to maximize shareholder value among other things.

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