PR Newswire | Sep 5, 2020 08:30AM EDT

(AKCA) and Encourages Investors to Contact the Firm

09/05 07:30 CDT

Kaskela Law LLC Announces Stockholder Investigation of Akcea Therapeutics, Inc. (AKCA) and Encourages Investors to Contact the Firm PHILADELPHIA, Sept. 5, 2020

PHILADELPHIA, Sept. 5, 2020 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating Akcea Therapeutics, Inc. ("Akcea") (NASDAQ: AKCA) on behalf of the company's shareholders.

On August 31, 2020, Akcea announced that it had entered into an agreement to be acquired by Ionis Pharmaceuticals, Inc. ("Ionis") for $18.15 per share in cash.

The firm's investigation seeks to determine whether Akcea's directors breached their fiduciary duties in agreeing to sell the company to Ionis, and whether the proposed transaction as structured undervalues Akcea's common stock.

Akcea shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (484) 258 - 1585, or by email at skaskela@kaskelalaw.com or online at http://kaskelalaw.com/case/akcea/, for additional information about this investigation and their legal rights and options.

Kaskela Law LLC represents investors in securities fraud, corporate governance, and merger & acquisition litigation. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.

CONTACT:

D. Seamus Kaskela, Esq.KASKELA LAW LLC18 Campus Blvd., Suite 100Newtown Square, PA 19073(484) 258 - 1585(888) 715 - 1740www.kaskelalaw.comskaskela@kaskelalaw.com

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SOURCE Kaskela Law LLC