Law Office of Jonathan M. Stein, P.L. Investigates Possible Breach of Fiduciary Duty by the Board of AGA Medical Holdings, Inc.
20 Outubro 2010 - 4:42PM
Business Wire
The Law Office of Jonathan M. Stein, P.L. is investigating the
Board of Directors of AGA Medical Holdings, Inc. ("AGA" or the
"Company") (Nasdaq: AGAM) for possible breaches of fiduciary duty
and other violations of state law in connection with their attempt
to complete a sale of the Company to St. Jude Medical, Inc. (“St.
Jude”). Under the terms of the proposed transaction, AGA
shareholders are to receive consideration valued at $20.80 per AGA
share, half in cash and half in St. Jude stock, for a total
transaction value of approximately $1.05 billion.
The investigation involves whether the Board of Directors of AGA
breached their fiduciary duties to AGA stockholders by failing to
adequately shop the Company before agreeing to enter into the
transaction and whether AGA has disclosed all material information
to shareholders about the proposed transaction.
If you own stock in AGA and wish to obtain additional
information about your rights, or if you have information regarding
the above investigation, please contact Jonathan M. Stein, Esq.
either via email at jstein@jonathansteinlaw.com or by telephone at
(561) 961-2244.
The Law Office of Jonathan M. Stein, P.L. represents
shareholders and consumers in complex litigation, including class
action and derivative litigation. More information about the firm
is available through its website, www.jonathansteinlaw.com, and
upon request from the firm. Jonathan M. Stein is the attorney
responsible for the content of this release.
Jonathan M. Stein, Esq. Law Office of Jonathan M. Stein, P.L. 120
E. Palmetto Park Rd., Suite 420 Boca Raton, FL 33432 (561) 961-2244
jstein@jonathansteinlaw.com
www.jonathansteinlaw.com
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