IFLO I-Flow (MM)

Levi & Korsinsky is investigating the Board of Directors of I-Flow Corp. (“I-Flow” or the “Company”) (NasdaqGM: IFLO) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to Kimberly-Clark Corp. Under the terms of the agreement, I-Flow shareholders will receive $12.65 in cash for each share of I-Flow common stock they own for a total transaction value of approximately $276 million.

The investigation concerns whether the I-Flow Board of Directors breached their fiduciary duties to I-Flow shareholders by agreeing to sell the Company at an unfair price given that the Company's shares traded at $12.95 as recently as October 2, 2009 and that the Board agreed to a no-solicitation provision and a $12,836,000 termination fee that will all but ensure that no superior offer will ever be forthcoming.

If you own common stock in I-Flow and wish to obtain additional information, please contact us at the number listed below or visit http://www.zlk.com/iflo1.html.

Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation.

I-Flow (MM) (NASDAQ:IFLO)
Historical Stock Chart
Von Dez 2024 bis Jan 2025

I-Flow (MM) (NASDAQ:IFLO)
Historical Stock Chart
Von Jan 2024 bis Jan 2025