An investigation on behalf of investors of Metropolitan Health Networks, Inc. (NYSE:MDF) in connection with the proposed takeover was announced and NYSE:MDF stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 11/07/2012 --An investigation on behalf of investors in Metropolitan Health Networks, Inc. (NYSE:MDF) shares was announced concerning whether the offer by Humana Inc to acquire Metropolitan Health Networks, Inc. for $11.25 per NYSE:MDF share and the takeover process are unfair to investors in NYSE:MDF shares.

Investors who purchased shares of the Metropolitan Health Networks, Inc. (NYSE:MDF) prior to November 5, 2012, and currently hold any of those NYSE:MDF shares have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain officers and directors of Metropolitan Health Networks, Inc. breached their fiduciary duties owed NYSE:MDF investors in connection with the proposed acquisition.

On Monday, November 5, 2012, Humana Inc. (NYSE: HUM) and Metropolitan Health Networks, Inc. (NYSE: MDF) announced that they have entered into an agreement pursuant to which Humana will acquire Metropolitan Health Networks in a transaction valued at approximately $850 million plus transaction costs.

Under the terms of the proposed transaction, Metropolitan Health Networks stockholders will receive $11.25 per share in cash from Humana for each Metropolitan Health Networks, Inc. (NYSE:MDF) share.

However, at least one analyst has set the high target price for MDF shares at $13.00 per share.

Furthermore, Metropolitan Health Networks’ financial performance improved over the past years. In fact, its annual Revenue rose from $317.21 million in 2008 to $450.79 million in 2011 and its Net Income increased from $10.20 million in 2008 to $22.71 million in 2011. Its second quarter Revenue in 2012 rose to $193.41 million from $97.32 million in 2011. In addition, shares of Metropolitan Health Networks, Inc. (NYSE:MDF) grew at an exceptional growth rate prior to the announcement In fact, NYSE:MDF shares grew from as low as $3.92 per share to as high as $10.97 per share on November 2, 2012.

Therefore the investigation a law firm concerns whether the proposed transaction is unfair to NYSE:MDF stockholders. Specifically, the investigation focuses on whether the Metropolitan Health Networks Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

Those who are current investors in Metropolitan Health Networks, Inc. (NYSE:MDF), have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Trevor Allen
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com