Faruqi & Faruqi, LLP Announces Shareholder Investigation Related to the Proxy Filed with the SEC Related to the Acquisition o...
03 Mai 2011 - 1:49AM
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 duty to disclose material
information in the Preliminary Proxy (“Proxy”) filed with the
S.E.C. on April 22, 2011 related to the sale of the Company to Endo
Pharmaceuticals Holdings Inc. (NasdaqGS: ENDP) for approximately
$2.9 billion, including the assumption of debt. Furthermore, the
price for the sale of AMS is also under investigation, which 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 disclose all material
information in the Proxy and whether it also failed to maximize
shareholder value and if so by how much the sale undervalues the
Company to the detriment of AMS shareholders, which 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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