MILWAUKEE, Aug. 7, 2019 /PRNewswire/ -- Ademi &
O'Reilly, LLP is investigating Avedro (Nasdaq: AVDR) for
possible breaches of fiduciary duty and other violations of the law
in connection with the sale of Avedro to Glaukos.
Click here to learn how to join the action:
http://ademilaw.com/case/avedro-inc or call Guri Ademi toll-free at 866-264-3995.
There is no cost or obligation to you.
Ademi & O'Reilly, LLP alleges Avedro's financial outlook is
improving and yet shareholders will receive only 0.365 shares of
Glaukos stock for each share of Avedro common stock they own.
Gaukos is acquiring Avedro at a substantial discount.
The merger agreement unreasonably limits competing bids for Avedro
by prohibiting solicitation of further bids, and imposing a
termination penalty if Avedro accepts a superior bid. Avedro
insiders will receive millions of dollars as part of change of
control arrangements. We are investigating on the conduct of
Avedro's board of directors, and whether they are (i) fulfilling
their fiduciary duties to all shareholders, and (ii) obtaining a
fair and reasonable price for Avedro.
If you own common stock in Avedro and wish to obtain additional
information, please contact Guri
Ademi either at gademi@ademilaw.com or toll-free:
866-264-3995, or http://ademilaw.com/case/avedro-inc.
We specialize in shareholder litigation involving buyouts,
mergers, and individual shareholder rights throughout the country.
For more information, please feel free to call us. Attorney
advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi & O'Reilly, LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
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SOURCE Ademi & O'Reilly, LLP