The Law Firm of Weiss & Lurie Investigates the Acquisition of American Medical Systems Holdings, Inc.
15 Aprile 2011 - 8:17PM
Business Wire
Weiss & Lurie, a national class action and shareholder
rights law firm with offices in New York City and Los Angeles, is
investigating possible breaches of fiduciary duty and other
violations of law by the Board of Directors of American Medical
Systems Holdings, Inc. (NASDAQ: AMMD) arising from its proposed
acquisition by Endo Pharmaceuticals Holdings, Inc. (NASDAQ:
ENDP).
Under the terms of the agreement, American Medical stockholders
will receive $30 per share. Additionally, on April 10, 2011,
American Medical adopted a Retention Bonus Plan, providing certain
of its executive officers with a cash bonus in connection with
continued employment following the merger.
Weiss & Lurie is investigating whether American Medical’s
Board acted in the best interests of its shareholders in approving
the transaction and whether the Board properly sought to maximize
shareholder value.
If you own American Medical shares and would like more
information about your rights as a shareholder or additional
information concerning our investigation, please contact Michael A.
Rogovin either by email at infony@weisslurie.com or by telephone at
(888) 593-4771.
Weiss & Lurie has litigated hundreds of stockholder class
and derivative actions for violations of corporate and fiduciary
duties. We have recovered over a billion dollars for defrauded
institutions and individuals and obtained important corporate
governance in these cases. If you have information or would like
legal advice concerning possible corporate wrongdoing (such as
insider trading, waste of corporate assets, accounting fraud, or
issuing materially misleading press releases or SEC filings),
consumer fraud (such as false advertising, defective products, or
other deceptive business practices), or anti-trust violations,
please email us at infony@weisslurie.com or fill out the form on
our website, http://www.weisslurie.com/contact/report_fraud/.
Attorney Advertising. Past results do not guarantee a similar
outcome.
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