Faruqi & Faruqi, LLP Announces Investigation Related to the Acquisition of First Mercury Financial Corporation - FMR
29 Octobre 2010 - 10:45PM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of First Mercury Financial Corporation (“First Mercury”
or the “Company”) (NYSE: FMR) for potential breaches of fiduciary
duties in connection with their conduct related to the sale of the
Company to Fairfax Financial Holdings Limited. The proposed
transaction offers First Mercury shareholders to only receive
$16.50 per share in cash, representing an aggregate transaction
value of approximately $294 million. The transaction is expected to
close in the first quarter of 2011.
Request more information now by clicking here:
www.faruqilaw.com/fmr
Whether the First Mercury’s Board of Directors breached their
fiduciary duties to First Mercury’ stockholders by failing to
conduct an adequate and fair sales process to sell the Company
prior to agreeing to this proposed transaction, whether the
proposed transaction undervalues First Mercury’s shares and by how
much this proposed transaction undervalues the Company to the
detriment of First Mercury shareholders are the key focus of this
investigation.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The firm is
focused on providing exemplary legal services in complex litigation
in the areas of securities, shareholder, antitrust and consumer
litigation, through all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm’s clients.
If you own common stock in First Mercury and wish to obtain
additional information, please visit us at www.faruqilaw.com/fmr or
contact Juan E. Monteverde, Esq. either via e-mail at
jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or
(212) 983-9330.
Attorney Advertising. (C) 2010 Faruqi & Faruqi, LLP. The law
firm responsible for this advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter. We are happy to
discuss your particular case.
First Mercury Financial Corp (NYSE:FMR)
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