The Law Office of Robbins Umeda LLP Announces an Investigation of the Acquisition of AGA Medical Holdings, Inc. by St. Jude M...
18 Outubro 2010 - 4:47PM
Business Wire
Robbins Umeda LLP has commenced an investigation into possible
breaches of fiduciary duty and other violations of state law by
members of the Board of Directors ("Board") of AGA Medical
Holdings, Inc. (NASDAQ: AGAM) ("AGA" or the "Company") in
connection with their efforts to sell AGA to St. Jude Medical, Inc.
(NYSE: STJ) ("St. Jude"). If the transaction is completed, AGA
shareholders will receive a payment of $10.40 in cash and $10.40
worth of St. Jude stock for each AGA share they hold. The
transaction is expected to close by the end of the year.
Robbins Umeda LLP's investigation concerns whether AGA's Board
undertook a fair process to obtain fair consideration for all
shareholders of AGA. Specifically, our investigation concerns
whether the Company's Board breached their fiduciary duties to AGA
shareholders by failing to adequately shop the Company before
entering into the transaction with St. Jude.
If you are a shareholder of AGA, plan to continue to hold your
shares, and would like more information about your rights as a
shareholder, please contact attorney Gregory E. Del Gaizo at
800-350-6003 or by e-mail at info@robbinsumeda.com.
Robbins Umeda LLP is a securities litigation firm with
significant experience representing investors in merger-related
shareholder class actions, shareholder derivative actions, and
securities fraud class actions. For more information about the
firm, please go to http://www.robbinsumeda.com.
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