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The Law Office of Abe Shainberg Launches an Investigation into Possible Breaches of Fiduciary Duty by the Board of American Med
NEW YORK--([ BUSINESS WIRE ])--The Law Office of Abe Shainberg is investigating the Board of Directors of American Medical Systems Holdings, Inc. (aAMSa or the aCompanya) (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 transaction, AMS shareholders will receive $30 in cash per share for a total transaction value of approximately $2.9 billion, including the assumption of debt.
The investigation concerns whether the AMS Board of Directors breached their fiduciary duties to AMS stockholders by failing to adequately shop the Company before entering into this transaction and whether Endo is underpaying for AMS shares.
If you own common stock in AMS and wish to obtain additional information, please contact Abe Shainberg, Esq. either via email at [ as@ashainberglaw.com ] or by telephone at (212) 425-7286, or visit [ http://www.ashainberglaw.com/american-medical-ammd.html ].
Mr. Shainberg has expertise in prosecuting investor securities litigation, is a certified and registered arbitrator and mediator involving financial matters, and represents investors in various matters nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.