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Kinetic Concepts, Inc. Investor Files Lawsuit To Stop Proposed Buyout

  • If you purchased shares of Kinetic Concepts, Inc. (NYSE: KCI) and currently hold those KCI, you have certain options and you should contact the Shareholders Foundation, Inc.

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Lawsuit Overview

An investor in shares of Kinetic Concepts, Inc. (NYSE: KCI) filed a lawsuit in State Court against directors of Kinetic Concepts in effort to stop the proposed buyout of Kinetic Concepts, Inc. by a consortium comprised of funds for $68.50 per KCI share. According to the complaint the plaintiff alleges that the defendants breached their fiduciary duties owed to Kinetic Concepts, Inc. ...



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