Kendall Law Group Announces Shareholder Investigation into I-Flow Corporation

Kendall Law Group, led by a former federal judge, announces an investigation on behalf of I-Flow Corporation shareholders (NASDAQ: IFLO) in connection with an agreement to sell the company to Kimberley-Clark.

The firm is investigating whether the board of directors of I-Flow breached their fiduciary duties and committed other violations of state law by not seeking a better deal for the shareholders. On October 9, 2009, Kimberley Clark announced that it would acquire I-Flow in an all cash offer valued at approximately $276 million. According to the agreement, I-Flow shareholders will receive $12.65 in cash per share of I-Flow common stock. I-Flow stock was trading $12.45 per share as recently as October 5, 2009.

Kendall Law Group has nationwide experience representing investors in mergers and acquisitions. For information about your rights as an I-Flow shareholder, or if you have any information about this transaction, contact attorney Hamilton Lindley at 877-744-3728 or by email at hlindley@kendalllawgroup.com.

I-Flow (MM) (NASDAQ:IFLO)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024