NEW YORK, Aug. 14, 2014 /PRNewswire/ -- 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, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
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SOURCE Levi & Korsinsky, LLP