The Briscoe Law Firm, PLLC, founded by a former state prosecutor and enforcement attorney for the United States Securities and Exchange Commission, and the securities litigation law firm of Powers Taylor, LLP are investigating potential legal claims against the Board of Directors of Kendle International, Inc. (“Kendle International” or “KNDL”) (NASDAQ: KNDL) related to the buyout of Kendle International by INC Research, LLC.

The definitive merger agreement, which was announced on May 4, 2011, involves an all-cash transaction valued at approximately $232 million. Under the proposed buyout, Kendle International shareholders will receive $15.25 in cash for each share of Kendle International/KNDL common stock they hold. The transaction is expected to close in the third quarter of 2011.

The firms are investigating the fairness of the proposed transaction to Kendle International shareholders, whether the shareholders are being underpaid for their stock, and whether Kendle International’s Board of Directors acted in the shareholders’ best interests. Specifically, as recently as May 2010, Kendle International shares closed as high as $15.81 per share, and at least one analyst has set a target price of $18.00 for Kendle International/KNDL shares. Based on these and other factors, the firms do not believe that the acquisition price is fair to Kendle International shareholders. The firms are also investigating whether Kendle International’s Board of Directors adequately considered all viable alternatives a before entering into the agreement.

If you currently own shares of Kendle International/KNDL and would like additional information regarding this investigation, or if you have information regarding the allegations involved in this transaction, please contact Patrick Powers at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at patrick@powerstaylor.com, or Willie Briscoe at The Briscoe Law Firm, PLLC toll free (877) 397-5991, or via email at WBriscoe@TheBriscoeLawFirm.com. There is no cost or fee to you.

The Briscoe Law Firm is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters nationwide, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.

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