Faruqi & Faruqi, LLP Announces Shareholder Investigation Related to the Acquisition of American Medical Systems Holdings, Inc...
15 Aprile 2011 - 5:31PM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of American Medical Systems Holdings, Inc. (“AMS” or the
“Company”) (NasdaqGS: AMMD) for potential breaches of fiduciary
duties in connection with their conduct related to the sale of the
Company to Endo Pharmaceuticals Holdings Inc. (NasdaqGS: ENDP) for
approximately $2.9 billion, including the assumption of debt. The
proposed transaction offers AMS shareholders $30 per share in cash
in exchange for each AMS share they hold.
Request more information now by clicking here:
www.faruqilaw.com/AMMD
Whether the AMS’ Board of Directors breached their fiduciary
duties to AMS’ stockholders by failing to conduct an adequate and
fair sales process to sell the Company prior to agreeing to this
proposed transaction, whether the proposed transaction undervalues
AMS’ shares and by how much this proposed transaction undervalues
the Company to the detriment of AMS shareholders are the key focus
of this investigation.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The firm is
focused on providing exemplary legal services in complex litigation
in the areas of securities, shareholder, antitrust and consumer
litigation, through all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm’s clients.
If you own common stock in AMS and wish to obtain additional
information, please visit us at www.faruqilaw.com/AMMD or contact
Juan E. Monteverde, Esq. either via e-mail at
jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or
(212) 983-9330.
Attorney Advertising. (C) 2011 Faruqi & Faruqi, LLP. The law
firm responsible for this advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter. We are happy to
discuss your particular case.
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