News Releases
SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Apollo Endosurgery, Inc. (APEN)
Bala Cynwyd, Pennsylvania–(Newsfile Corp. – November 29, 2022) – Law office of Brodsky & Smith announces that it is investigating potential claims…
Bala Cynwyd, Pennsylvania–(Newsfile Corp. – November 29, 2022) – Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Apollo Endosurgery, Inc. (“Apollo” or the “Company”) (NASDAQ: APEN) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the Company’s agreement to be acquired by Boston Scientific Corporation (“Boston Scientific”) (NYSE: BSX). Under the terms of the agreement, Boston Scientific will acquire all outstanding shares of Apollo for $10.00 per share in cash for an approximate total enterprise value of $615 million.
The investigation concerns whether the Apollo Board breached its fiduciary duties to shareholders by failing to conduct a fair process, and whether Boston Scientific is paying too little for the Company.
If you own shares of Apollo stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, Two Bala Plaza, Suite 805, Bala Cynwyd, PA 19004, visit https://www.brodskysmith.com/cases/apollo-endosurgery-inc-nasdaq-apen/, or call toll free 855-576-4847.
Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/146055
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