NEW YORK, July 10, 2012 /PRNewswire/ -- Harwood Feffer LLP
(www.hfesq.com) is investigating potential claims against the board
of directors of FX Alliance Inc. ("FX Alliance" or the "Company")
(NYSE: FX) concerning the proposed acquisition of the Company by
Thompson Reuters Corp. ("Thompson Reuters") in a transaction valued
at approximately $625
million.
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On July 9, 2012, it was announced
that FX Alliance and Thompson Reuters have entered into a
definitive agreement pursuant to which Thompson Reuters will
acquire FX Alliance. Under the agreement, FX Alliance
shareholders will receive $22.00 in
cash per share held.
Our investigation concerns whether the FX Alliance board of
directors is fulfilling its fiduciary duties, maximizing the value
of the Company, disclosing all material benefits and costs, and
obtaining full and fair consideration for Company
shareholders.
If you own FX Alliance shares and wish to discuss this matter
with us, or have any questions concerning your rights and interests
with regard to this matter, please contact:
Benjamin Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email:bsachsmichaels@hfesq.com
Website:http://www.hfesq.com
Harwood Feffer has been
representing individual and institutional investors for many years,
serving as lead counsel in numerous cases in federal and state
courts. Please visit the Harwood Feffer LLP website
(http://www.hfesq.com) for more information about the firm.
Attorney Advertising.© 2012 Harwood Feffer LLP. The law firm
responsible for this advertisement is Harwood Feffer LLP
(www.hfesq.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter.
SOURCE Harwood Feffer LLP