Shareholder Alert: Ademi LLP investigates whether Conformis, Inc. has obtained a Fair Price in its transaction with restor3d

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MILWAUKEE, June 23, 2023 /PRNewswire/ -- Ademi LLP is investigating Conformis CFMS for possible breaches of fiduciary duty and other violations of law in its transaction with restor3d. 

Click here to learn how to join the action https://www.ademilaw.com/case/conformis-inc or call Guri Ademi toll-free at 866-264-3995.  There is no cost or obligation to you.

In the transaction, Conformis shareholders will receive only $$2.27 per share. The transaction agreement unreasonably limits competing bids for Conformis by imposing a significant penalty if Conformis accepts a superior bid. Conformis insiders will receive substantial benefits as part of change of control arrangements.

We are investigating the conduct of Conformis' board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for Conformis.

If you own Conformis common stock and wish to obtain additional information, please contact Guri Ademi either at gademi@ademilaw.com or toll-free: 866-264-3995, or https://www.ademilaw.com/case/conformis-inc.                       

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.

Contacts

Ademi LLP                                                         
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001

 

SOURCE Ademi LLP

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