Eargo Stock – Investors of Eargo, Inc. May Have Legal Claims – EAR
Investors of Eargo, Inc. Encouraged to Contact Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is investigating whether the proposed acquisition of Eargo, Inc. (“Eargo”) (NASDAQ: EAR) by an affiliate of controlling shareholder Patient Square Capital in an all-cash transaction for $2.55 per share is fair to Eargo shareholders.
Among other things, the investigation concerns the deal price, which is well below the 52-week average share price; whether Eargo’s board of directors had appropriate deal protections in place to ensure a fair acquisition; and whether Eargo’s board of directors breached their fiduciary duties in connection with the proposed merger.