NEW YORK, Dec. 18, 2013
/PRNewswire/ -- Bernstein Liebhard LLP is investigating
whether the Board of Directors of KKR Financial Holdings LLC ("KFN"
or the "Company") (NYSE: KFN) breached its fiduciary duty to its
shareholders in agreeing to sell KFN to KKR & Co. L.P. (NYSE:
KKR).
(Logo: http://photos.prnewswire.com/prnh/20120202/MM47134LOGO
)
Under the terms of the agreement, KFN shareholders will receive
0.51 common units of KKR for each common share of KFN they
own. The investigation is focused on the potential unfairness
of the price to KFN shareholders and the process by which the KFN
Board of Directors considered and approved the transaction.
If you are interested in discussing your rights as a KFN
stockholder, with no obligation or cost to you, please contact
Joseph R. Seidman, Jr. at:
(877) 779-1414
or
seidman@bernlieb.com.
Bernstein Liebhard LLP has pursued hundreds of securities,
consumer and shareholder rights cases and recovered over
$3 billion for its clients. It
has been named to The National Law Journal's "Plaintiffs'
Hot List" in each of the last eleven years.
Bernstein Liebhard LLP
10 East 40th Street
New York, New York 10016
(877) 779-1414
www.bernlieb.com
ATTORNEY ADVERTISING. © 2013 Bernstein Liebhard LLP. The
law firm responsible for this advertisement is Bernstein Liebhard
LLP, 10 East 40th Street, New York, New
York 10016, (212) 779-1414. The lawyer responsible for
this advertisement in the State of
Connecticut is Michael S. Bigin. Prior results do not
guarantee or predict a similar outcome with respect to any future
matter.
SOURCE Bernstein Liebhard LLP