Law Office of Brodsky & Smith, LLC Announces Investigation of National Financial Partners Corporation
30 Avril 2013 - 6:33PM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
National Financial Partners Corporation (“National Financial” or
the “Company”) (NYSE: NFP) relating to the proposed acquisition by
Madison Dearborn, LLC (“Madison Dearborn”).
Under the terms of the transaction, National Financial
shareholders will receive only $25.35 in cash for each share of
National Financial stock they own. The investigation concerns
possible breaches of fiduciary duty and other violations of state
law by the Board of Directors of National Financial for not acting
in the Company’s shareholders' best interests in connection with
the sale process to Madison Dearborn. The focus of the
investigation is whether the National Financial Board of Directors
breached their fiduciary duties by failing to conduct an adequate
and fair sales process prior to agreeing to this proposed
transaction.
If you own shares of National Financial stock and wish to
discuss the legal ramifications of the proposed transaction, or
have any questions, you may e-mail or call the law office of
Brodsky & Smith, LLC who will, without obligation or cost to
you, attempt to answer your questions. You may contact Jason L.
Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith,
LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com visiting
http://brodsky-smith.com/570-nfp-national-financial-partners-corporation.html,
by calling toll free 877-LEGAL-90.
National Financial Partners (NYSE:NFP)
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