The Law Office of Joseph Klein is investigating the Board of Directors of American Surgical Holdings, Inc. (“American Surgical” or the “Company”) (OTC: ASRG) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to AH Holdings, Inc. Under the terms of the transaction, American Surgical shareholders will receive $2.87 per share in cash. In addition, upon closing of the proposed transaction, American Surgical stockholders will receive an additional per share merger consideration comprised of a final cash dividend, if any, payable by the Company and computed in accordance with the definitive merger agreement and an ownership interest in CMC Associates, LLC, a subsidiary of the Company, which will be the beneficial owner of certain pending litigation and litigation rights. Certain members of American Surgical’s management team will receive a 14.9% ownership interest in the buyer.
For more information please visit http://www.jkleinlawfirm.com/americansurgical-holdings.html.
The investigation concerns whether the American Surgical Board of Directors breached their fiduciary duties to American Surgical stockholders by failing to adequately shop the Company before entering into this transaction and whether AH Holdings, Inc. is underpaying for American Surgical shares, thus unlawfully harming American Surgical stockholders.
If you own common stock in American Surgical and wish to obtain additional information, please contact Joseph Klein, Esq. directly, via email at email@example.com, by telephone at 718-947-0005, Toll Free: 877-STOK-180, or visit http://www.jkleinlawfirm.com/americansurgical-holdings.html.
Joseph Klein, Esq. is an experienced attorney and has also practiced as a Certified Public Accountant. Mr. Klein represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.