Johnson & Weaver, LLP Announces Investigations of Stemline Therapeutics, Inc., Psychemedics Corporation and Ultratech, Inc.

If you are a Stemline shareholder and are interested in learning more about your legal rights and remedies, please contact Jim Baker (jimb@johnsonandweaver.com) at 619-814-4471. If you email, please include your phone number.

Psychemedics Corporation

Shareholder Rights Law Firm Johnson & Weaver, LLP announces the filing of a class action lawsuit on behalf of purchasers of Psychemedics Corporation (NASDAQ: PMD) between July 26, 2016, and January 31, 2017, both dates inclusive (the "Class Period"). The lawsuit seeks to recover damages for of Psychemedics investors under the federal securities laws.

The complaint alleges that, among other allegations, throughout the Class Period Psychemedics issued materially false and/or misleading statements and/or failed to disclose that Psychemedics' Brazilian distributor, Psychemedics Brazil, was engaged in illegal anti-competitive practices and may be subject to further investigation by Brazil's Administrative Council for Economic Defense as a result of this conduct.

On January 31, 2017, Psychemedics issued a press release announcing that a Brazilian court had found Psychemedics Brazil in violation of anti-competition laws and is liable for millions in losses.

If you wish to serve as a lead plaintiff, you must move the Court no later than April 3, 2017.  If you wish to discuss this action, have any questions concerning this notice, or your rights or interests, please contact Jim Baker (jimb@johnsonandweaver.com) by email or by phone at 619-814-4471. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

Ultratech, Inc.

Shareholder rights law firm Johnson & Weaver, LLP has launched an investigation into whether the board members of Ultratech, Inc. (NASDAQ: UTEK) breached their fiduciary duties in connection with the proposed acquisition of Ultratech by Veeco Instruments Inc.

Under the terms of the transaction, Ultratech shareholders will receive (i) $21.75 per share in cash and (ii) 0.2675 of a share of Veeco common stock for each Ultratech common share they own. Based on the closing price of Veeco on February 1, 2017, this represents an approximate value of $28.64 per share.

If you own shares of Ultratech and purchased the stock before February 2, 2017, and believe the proposed buyout price is too low and you're interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker (jimb@johnsonandweaver.com) at 619-814-4471.

About Johnson & Weaver, LLP:

Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.

Contact:

Johnson & Weaver, LLP
Jim Baker, 619-814-4471
jimb@johnsonandweaver.com

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SOURCE Johnson & Weaver, LLP