An investigation for investors in formerly Avedro, Inc. (Nasdaq:AVDR), now Glaukos Corporation (NYSE:GKOS) shares over potential wrongdoing was announced.
San Diego, CA -- (SBWIRE) -- 11/18/2020 -- An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Glaukos Corporation.
Investors who held Avedro, Inc. (Nasdaq: AVDR) shares and received shares of Glaukos Corporation (NYSE: GKOS) have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
San Clemente, CA based Glaukos Corporation, an ophthalmic medical technology and pharmaceutical company, focuses on the development and commercialization of surgical devices and sustained pharmaceutical therapies designed to treat glaucoma.
On August 7, 2019, Avedro, Inc's Board of Directors caused the Company to enter into an agreement and plan of merger with Glaukos. Pursuant to the terms of the Merger Agreement, Avedro, Inc's stockholders will receive 0.365 shares of Glaukos Corporation (NYSE: GKOS common stock for each share of Avedro, Inc. (Nasdaq: AVDR) common stock they own.
In November 2019, Glaukos Corporation (NYSE: GKOS) completed its merger with Avedro, Inc. (Nasdaq: AVDR).
Shares of Glaukos Corporation (NYSE: GKOS) declined from $75 per share in July 2019 to as low as $23.31 per share in March 2020.
Those who purchased shares of Glaukos Corporation (NYSE: GKOS) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.