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Law Office of Jonathan M. Stein, P.L. Investigates Possible Breach of Fiduciary Duty by the Board of AGA Medical Holdings, Inc.


//health-fitness.news-articles.net/content/2010/ .. ty-by-the-board-of-aga-medical-holdings-inc.html
Published in Health and Fitness on by Market Wire   Print publication without navigation



BOCA RATON, Fla.--([ 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. (aSt. Judea). 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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