NEW YORK, Dec. 16, 2014 /PRNewswire/ -- Levi &
Korsinsky is investigating the Board of Directors of MicroFinancial
Inc. ("MicroFinancial" or "the Company") (NasdaqGM: MFI) for
possible breaches of fiduciary duty and other violations of state
law in connection with the sale of the Company to Fortress
Investment Group.
Click here to learn more about the investigation:
http://zlk.9nl.com/microfinancial-mfi.
Under the terms of the transaction, MicroFinancial shareholders
will receive $10.20 in cash for each
share of MicroFinancial common stock they own. The investigation
concerns whether the Board of MicroFinancial breached their
fiduciary duties to stockholders by failing to adequately shop the
Company before agreeing to enter into this transaction, and whether
Fortress Investment Group is underpaying for MicroFinancial
shares.
If you own MicroFinancial 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/microfinancial-mfi.
Levi & Korsinsky is a national firm with offices in
New York, New Jersey, Connecticut and Washington D.C. The firm's 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