NEW YORK, Sept. 20, 2018 /PRNewswire/ -- WeissLaw LLP
is investigating possible breaches of fiduciary duty and other
violations of law by the Board of Directors of Invuity, Inc.
("IVTY" or the "Company") (NASDAQ: IVTY) in connection with
the proposed acquisition of the Company by Stryker Corporation.
("Stryker"). Under the terms of the acquisition agreement,
shareholders will receive $7.40 in
cash for each IVTY share they own.
If you own IVTY shares and wish to discuss
this investigation or have any questions concerning this notice or
your rights or interests, please contact:
Joshua
Rubin
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY 10036
(888)593-4771
stockinfo@weisslawllp.com
Or visit our
website
http://www.weisslawllp.com/invuity-inc/
WeissLaw is investigating whether IVTY's Board acted to maximize
shareholder value prior to entering into the agreement.
Notably, the Company's recently announced positive financial
results for the second quarter of 2018. It reported revenue
of $10.5 million and disposable
revenue of $9.2 million, representing
annual growth of 7.5% and 11.5% respectively.
Given these facts, WeissLaw is investigating whether IVTY's
Board acted in the best interests of IVTY's public shareholders to
maximize shareholder value prior to entering into the
agreement.
WeissLaw LLP has litigated hundreds of stockholder class and
derivative actions for violations of corporate and fiduciary
duties. We have recovered over a billion dollars for
defrauded clients and obtained important corporate governance
relief in many of these cases. If you have information or
would like legal advice concerning possible corporate wrongdoing
(including insider trading, waste of corporate assets, accounting
fraud, or materially misleading information), consumer fraud
(including false advertising, defective products, or other
deceptive business practices), or anti-trust violations, please
email us at stockinfo@weisslawllp.com.
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SOURCE WeissLaw LLP