NEW YORK, NY / ACCESSWIRE / September 26, 2019 / Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Allergan plc (NYSE:AGN) to AbbVie Inc. ("AbbVie") is fair to Allergan shareholders. On behalf of Allergan shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
If you are an Allergan shareholder and would like to discuss your legal rights and options, please visit Allergan Merger or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected].
The shareholder votes on the proposed transaction is scheduled for October 14, 2019. Under the terms of the agreement, Allergan shareholders will receive 0.8660 AbbVie shares and $120.30 in cash for each Allergan share that they hold. On June 19, 2019, JP Morgan set a target price for Allergan at $200.00 per share.
The Allergan merger investigation concerns whether Allergan and its Board of Directors violated the federal securities laws and/or their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for Allergan shareholders; (2) determine whether AbbVie is underpaying for Allergan; and (3) disclose all material information necessary for Allergan shareholders to adequately assess and value the merger consideration.
If you are an Allergan shareholder and would like to discuss your legal rights and options, please visit https://halpersadeh.com/actions/allergan-plc-agn-stock-merger-abbvie/ or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected].
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
[email protected]
[email protected]
https://www.halpersadeh.com
SOURCE: Halper Sadeh LLP