Kendall Law Group Investigates Thomas Weisel Partners Group, Inc. for Shareholders

Kendall Law Group is investigating Thomas Weisel Partners Group, Inc. (NASDAQ:TWPG) on behalf of shareholders after the announcement of a strategic merger agreement between Thomas Weisel and Stifel Financial Corp. The national securities litigation firm is investigating the transaction to determine if a fair process was used in shopping the company prior to entering into the agreement and whether the Board of Directors had breached their fiduciary duties by not seeking a deal that would provide better value of the company. TWPG shareholders, and anyone else with knowledge of the transaction, are encouraged to contact the Kendall Law Group by email at skendall@kendalllawgroup.com or 877-744-3728.

On April 26, 2010, the companies announced that they had reached an agreement for Thomas Weisel to be acquired and become a subsidiary of Stifel, which is expected to have a $1.6 billion annual revenue. The $300 million transaction is expected to close on or about June 30, 2010 and includes a $10 million termination fee under certain circumstances. According to the agreement, Thomas Weisel shareholders will receive 0.1364 Stifel stock in exchange for each TWPG share. Based on the closing price of Stifel on April 23, 2010, this values shares at approximately $7.60. Mr. Weisel will become Co-Chairman of the Board of the merged company.

Kendall Law Group was founded by a former federal judge, and includes a former United States Attorney, prosecutors and securities lawyers who are experienced in complex securities litigation. The firm has been counsel in many merger and acquisition cases nationwide, including some of the largest transactions in the United States.

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