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/.

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Edelman Financial Grp. Inc. (The) (MM) (NASDAQ:EF)
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