SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Zogenix, Inc. (Nasdaq – ZGNX)

BALA CYNWYD – January 19, 2022 /Globe Newswire/ – Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Zogenix, Inc. (“Zogenix” or the “Company”) (Nasdaq – ZGNX) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the Company’s agreement to be acquired by UCB S.A. Under the terms of the agreement, UCB will commence a tender offer to purchase all outstanding shares of Zogenix for $26.00 in cash, plus a $2.00 contingent value right (CVR) potential cash payment for each share of Zogenix stock.

The investigation concerns whether the Zogenix Board breached its fiduciary duties to shareholders by failing to conduct a fair process, and whether UCB is paying too little for the Company.

If you own shares of Zogenix stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, Two Bala Plaza, Suite 805, Bala Cynwyd, PA 19004, or call toll free 855-576-4847.

Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.