NEW YORK, March 17, 2017 /PRNewswire/ -- Juan
Monteverde, founder and managing partner at Monteverde &
Associates PC, a boutique securities firm headquartered at the
Empire State Building in New York
City, is investigating FBR & Co. ("FBR" or the
"Company") (Nasdaq: FBRC) and its Board of Directors for potential
securities laws violations and/or breaches of fiduciary duties in
connection with the sale of the Company to B. Riley Financial
Inc. ("B. Riley Energy") (Nasdaq: RILY). The Company's
stockholders will only receive 0.671 shares of B. Riley common
stock and an anticipated pre-closing cash dividend of $8.50 per share (assuming sufficient funds) for
each share of FBR that they own.
Click here for more information:
http://monteverdelaw.com/investigations/m-a/. It is free and
there is no cost or obligation to you.
The investigation focuses on whether FBR and its Board of
Directors violated securities laws and/or breached their fiduciary
duties to the Company's stockholders by 1) failing to conduct a
fair process 2) whether and by how much this proposed transaction
undervalues the Company by and 3) failing to disclose all material
financial information in connection with the upcoming shareholder
meeting.
Monteverde & Associates PC is a boutique class action
securities and consumer litigation law firm that has recovered
millions of dollars and is committed to protecting
shareholders and consumers from corporate
wrongdoing. Monteverde & Associates PC lawyers have
significant experience litigating Mergers & Acquisitions and
Securities Class Actions, whereby they protect investors by
recovering money and remedying corporate misconduct.
If you own common stock in FBR and wish to obtain additional
information and protect your investments free of charge, please
visit us at www.monteverdelaw.com/investigations/m-a/ or
contact Juan E. Monteverde, Esq.
either via e-mail at jmonteverde@monteverdelaw.com or by telephone
at (212) 971-1341.
Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. 59th
Floor
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341
Attorney Advertising. (C) 2017 Monteverde & Associates
PC. The law firm responsible for this advertisement is
Monteverde & Associates PC (www.monteverdelaw.com). Prior
results do not guarantee a similar outcome with respect to any
future matter.
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SOURCE Monteverde & Associates PC