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In many cases, the end of the year gives you time to step back and take stock of the last 12 months. This is when many of us take a hard look at what worked and what did not, complete performance reviews, and formulate plans for the coming year. For me, it is all of those things plus a time when I u...
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Federman & Sherwood Announces That a Securities Class Action Lawsuit Has Been Filed Against Copano Energy LLC (NASDAQ: CPNO)

OKLAHOMA CITY, OK -- (Marketwire) -- 02/07/13 -- On February 1, 2013, a class action lawsuit was filed in the District Court for Harris County, Texas against Keryx Biopharmaceuticals, Inc. (NASDAQ: CPNO). The complaint alleges breach of fiduciary duties arising out of the Copano's attempt to sell the Company to Kinder Morgan Energy Partners, L.P. ("KMP") by means of an unfair process and for an unfair price, and whether the Copano Board of Directors breached their fiduciary duties by failing to adequately shop the Company before entering into this transaction.

On January 29, 2013, the Company announced an agreement to sell to KMP. Under the terms of the agreement, Copano shareholders will receive 0.4563 of a KMP share for each share of Copano they own, representing a value of approximately $40.91 a share. The transaction has a total approximate value of $5 billion, including the assumption of debt.

If you wish to discuss this action, obtain further information and participate in this or any other securities litigation, or should you have any questions or concerns regarding this notice or preservation of your rights, please contact:

William B. Federman
FEDERMAN & SHERWOOD
10205 North Pennsylvania Avenue
Oklahoma City, OK 73120
Email to: wbf@federmanlaw.com
Or, visit the firm's website at www.federmanlaw.com

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