BALA CYNWYD, Pa., Dec. 17, 2013 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of KKR Financial
Holdings LLC ("KFN" or the "Company") (NYSE: KFN) relating to the
proposed acquisition by Kohlberg Kravis Roberts & Co. LP.
("KKR").
Click here to learn more about the investigation
http://brodsky-smith.com/690-kfn-kkr-financial-holdings-llc.html,
or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, KFN shareholders will
receive only 0.51 KKR shares for each share of KFN stock they own.
The investigation concerns possible breaches of fiduciary duty and
other violations of state law by the Board of Directors of KFN for
not acting in the Company's shareholders' best interests in
connection with the sale process. The investigation seeks to
determine if conflicts of interest played a role in the transaction
and if the KFN Board of Directors failed to conduct an adequate
auction process. KFN is currently managed by a subsidiary of
KKR.
If you own shares of KFN common stock and wish to discuss the
legal ramifications of the proposed transaction, or have any
questions, you may e-mail or call the law office of Brodsky &
Smith, LLC who will, without obligation or cost to you, attempt to
answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith,
LLC, Two Bala Plaza, Suite 602, Bala
Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com, by visiting
http://brodsky-smith.com/690-kfn-kkr-financial-holdings-llc.html,
or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive
expertise representing shareholders throughout the nation in
securities and case action lawsuits. The attorneys at Brodsky &
Smith have been appointed by numerous courts throughout the country
to serve as lead counsel in class actions and successfully
recovered millions of dollars for our clients and shareholders.
Attorney advertising. Prior results do not guarantee a similar
outcome.
SOURCE Brodsky & Smith, LLC