INVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation of Fortegra Financial Corp. & Its Board of Directors In Connect...
August 13 2014 - 12:04PM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
Fortegra Financial Corporation (“Fortegra” or “the Company”)
(NYSE:FRF) for possible breaches of fiduciary duty and other
violations of state law in connection with the sale of the Company
to Tiptree Financial Inc. (Nasdaq:TIPT).
Click here to learn more about the investigation:
http://zlk.9nl.com/fortegra-financial-frf, or call:
877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Fortegra shareholders will
receive $10.00 for each share of Fortegra common stock they own.
The investigation concerns whether the Board of Fortegra breached
their fiduciary duties to stockholders by failing to adequately
shop the Company before agreeing to enter into this transaction,
and whether Tiptree is underpaying for Fortegra shares.
Shareholders representing 62% of the Company’s outstanding stock
have already agreed to tender their shares.
If you own Fortegra common stock and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email
at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free:
(877) 363-5972, or visit
http://zlk.9nl.com/fortegra-financial-frf.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm’s 26
attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
Levi & Korsinsky, LLPJoseph Levi, Esq.Eduard Korsinsky,
Esq.Tel: 212-363-7500Toll Free: 877-363-5972Fax:
866-367-6510www.zlk.com
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