MILWAUKEE, May 28, 2024 /PRNewswire/ — Ademi LLP is investigating Atrion (Nasdaq: ATRI) for possible breaches of fiduciary duty and other violations of law in its transaction Nordson.
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In the transaction, Atrion’s stockholders receive $460.00 per share in cash for each share of Atrion common stock they own. Atrion insiders receive substantial benefits as part of change of control arrangements and Atrion’s board is not likely to have been independent in its negotiation of the transaction given Sun’s majority position.
We are investigating the conduct of Atrion’s board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
If you own Atrion common stock and wish to obtain additional information, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, or https://www.ademilaw.com/case/atrion-corporation.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
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