Zeldes & Haeggquist, LLP Announces Investigation of National Financial Partners Corp.’s Acquisition by Madison Dearborn Par...
22 Abril 2013 - 10:04AM
Business Wire
Zeldes & Haeggquist, LLP, a shareholder and consumer rights
litigation firm, has commenced an investigation into possible legal
claims against the Board of Directors of National Financial
Partners Corp. (“NFP” or “the Company”) (NYSE: NFP). The
investigation concerns possible breaches of fiduciary duties and
other violations of law related to NFP entering into an agreement
to be acquired by Madison Dearborn Partners, LLC (“Madison
Dearborn”), a private equity investment firm.
New York-based NFP is a provider of benefits, insurance, and
wealth management services to companies and high-wealth
individuals. On April 15, 2013, NFP announced its agreement to be
acquired by Madison Dearborn in a deal worth about $1.3
billion.
Zeldes & Haeggquist’s investigation concerns whether NFP’s
Board of Directors failed to adequately shop the Company to obtain
the best possible value for its shareholders before entering into
an agreement with Madison Dearborn. Under the terms of the
proposal, NFP shareholders will receive $25.35 in cash per
share.
If you own the common stock of NFP and purchased your shares
before April 15, 2013, and would like additional information
regarding this investigation, or if you have information regarding
the matters under investigation, please contact attorney Aaron M.
Olsen or Amber L. Eck at 619-342-8000, or by email at
aarono@zhlaw.com or ambere@zhlaw.com.
Zeldes & Haeggquist is a full-service law firm which brings
major class actions nationwide on behalf of defrauded investors and
consumers and handles a variety of complex business litigation
matters. Please visit www.zhlaw.com or our blog for more
information about the firm.
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