NexPoint Event Driven Fund issued a demand letter to the Board of Directors of Paratek Pharmaceuticals, to make available all books and records surrounding the proposed acquisition of the Company in order to investigate whether any board members breached their fiduciary duties in connection with the proposed acquisition. NexPoint Event Driven Fund is advised by NexPoint Asset Management, and together with other stockholders, are members of a group who beneficially own approximately 11.7% of the Company’s outstanding common stock.
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