The Law Offices of Vincent Wong Announce an Investigation into Possible Breaches of Fiduciary Duty by the Board of American M...
15 Aprile 2011 - 5:17PM
Business Wire
The Law Offices of Vincent Wong are investigating the Board of
Directors of American Medical Systems Holdings, Inc. (Nasdaq: AMMD)
for possible breaches of fiduciary duty and other violations of
state law in connection with the sale of the Company to Endo
Pharmaceuticals Holdings, Inc. (Nasdaq: ENDP). Under the terms of
the proposed deal, Endo will pay $30 in cash per share for a total
transaction value of approximately $2.9 billion, including assumed
debt.
The investigation concerns whether the American Medical Board of
Directors breached their fiduciary duties to American Medical
stockholders by failing to adequately shop the Company before
entering into this transaction and whether Endo Pharmaceuticals is
underpaying for American Medical shares, thus unlawfully harming
American Medical stockholders.
If you own common stock in American Medical and wish to obtain
additional information, please contact Vincent Wong, Esq. either
via email vw@wongesq.com, by telephone at 212.584.2740, or visit
http://www.wongesq.com/american-medical-systems.html.
Vincent Wong, Esq. is an experienced attorney that has
represented investors in securities litigations involving financial
fraud and violations of shareholder rights. Attorney advertising.
Prior results do not guarantee similar outcomes.
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