The Law Firm of Weiss & Lurie Investigates The Edelman Financial Group Inc.
18 Avril 2012 - 12:18AM
Business Wire
Weiss & Lurie, a national class action and shareholder
rights law firm with offices in New York City and Los Angeles, is
investigating possible breaches of fiduciary duty and other
violations of law by the Board of Directors of The Edelman
Financial Group Inc. (“TEFG”) (NASDAQ: EF) arising from its
agreement for TEFG to be acquired by affiliates of Lee Equity
Partners, LLC for $8.85 per share. The transaction is expected to
close during the third quarter of 2012.
Weiss & Lurie is investigating whether TEFG’s Board acted in
the best interests of shareholders in approving this deal. TEFG
recently reported that, during its last quarter, its assets under
management increased to $16.3 billion from $15.8 billion in the
prior quarter, and that it earned $13.7 million from core
operations in 2011 as compared with $4.3 million in 2010,
representing nearly a 219% growth.
If you own TEFG shares and would like more information about
your rights as a shareholder or additional information concerning
our investigation, please contact Julia J. Sun either by email at
info@weisslurie.com or by telephone at (888) 593-4771.
Weiss & Lurie 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
institutions and individuals and obtained important corporate
governance in 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
issuing materially misleading information), consumer fraud
(including false advertising, defective products, or other
deceptive business practices), or anti-trust violations, please
email us at info@weisslurie.com or fill out the form on our
website, http://www.weisslurie.com/contact/report_fraud/.
Attorney Advertising. Past results do not guarantee a similar
outcome.
Edelman Financial Grp. Inc. (The) (MM) (NASDAQ:EF)
Graphique Historique de l'Action
De Nov 2024 à Déc 2024
Edelman Financial Grp. Inc. (The) (MM) (NASDAQ:EF)
Graphique Historique de l'Action
De Déc 2023 à Déc 2024
Real-Time news about Edelman Financial Grp. Inc. (The) (MM) (NASDAQ): 0 recent articles
Plus d'articles sur Weiss & Lurie