Cases
Allergan plc (NYSE: AGN)
Securities Class Action
Overview
Overview
- Date:
- 6/26/2019
- Company Name:
- Allergan plc
- Stock Symbol:
- AGN
- Company Name - Buyer:
- AbbVie Inc.
- Status:
- Filed
- Merger Announcement Date:
- 6/25/2019
- Filing Date:
- 9/20/2019
NEW YORK, June 26, 2019 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Allergan plc (NYSE: AGN) on behalf of Allergan shareholders concerning the proposed merger with AbbVie Inc.
Pursuant to the proposed transaction, announced on June 25, 2019 and valued at $63 billion, Allergan shareholders will receive 0.8660 shares of AbbVie common stock and $120.30 in cash for each Allergan share owned. The investigation focuses on whether Allergan and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s shareholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own Allergan shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.
Pursuant to the proposed transaction, announced on June 25, 2019 and valued at $63 billion, Allergan shareholders will receive 0.8660 shares of AbbVie common stock and $120.30 in cash for each Allergan share owned. The investigation focuses on whether Allergan and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s shareholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own Allergan shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.