Law Firm Brower Piven Announces Investigation in Connection With the Acquisition of ISTA Pharmaceuticals, Inc. by Bausch + Lomb

STEVENSON, Md.--(BUSINESS WIRE)--The law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty to current shareholders of ISTA Pharmaceuticals, Inc. (NASDAQ: ISTA) (“ISTA”) and other violations of state law by the board of directors of ISTA relating to the proposed acquisition of the company by Bausch + Lomb. The firm’s investigation seeks to determine, among other things, whether the board breached its fiduciary duties by failing to maximize shareholder value.