NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating the Board of Directors of Cogentix Medical, Inc. (“Cogentix” or the “Company”) (NASDAQCM:CGNT) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to LABORIE Medical Technologies. Under the terms of the deal, Cogentix stockholders will receive $3.85 in cash for each share of Cogentix they own.
The investigation concerns whether the Cogentix Board of Directors breached their fiduciary duties to Cogentix stockholders by failing to adequately shop the Company before entering into this transaction and whether LABORIE Medical Technologies is underpaying for Cogentix shares, thus unlawfully harming Cogentix stockholders.
If you own common stock in Cogentix and wish to obtain additional information, please contact Vincent Wong, Esq. either via email vw@wongesq.com, by telephone at 212.425.1140, or http://docs.wongesq.com/CGNT-Info-Request-Form-1859.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.