Finkelstein Thompson LLP Announces Investigation of Hewitt Associates, Inc.
July 12 2010 - 3:29PM
Business Wire
Finkelstein Thompson LLP is investigating potential claims on
behalf of shareholders of Hewitt Associates, Inc. (“Hewitt” or the
“Company”) (NYSE: HEW) arising from the Company’s announcement of
its intent to be acquired by Aon Corp. (“Aon”). Under the terms of
the agreement, Hewitt shareholders can elect to receive either (i)
$25.61 in cash and 0.6362 shares of Aon stock (the “Mixed
Consideration”), (ii) an amount of stock equal to the sum of the
Mixed Consideration, or (iii) an amount of cash equal to the Mixed
Consideration for every share of Hewitt stock they own in a
transaction valued at approximately $4.9 billion.
The investigation is focused on the potential unfairness of the
consideration to Hewitt’s shareholders, the process by which
Hewitt’s Board of Directors considered and approved the
transaction, and conflicts of interest on the part of the Hewitt
Board of Directors. For example, this investigation will scrutinize
the arrangement that allows Hewitt’s chairman and CEO to run the
newly combined Aon Hewitt.
If you are interested in discussing your rights as a Hewitt
shareholder, or have information relating to this investigation,
please contact Finkelstein Thompson's Washington, DC offices at
(877) 337-1050 or by email at contact@finkelsteinthompson.com.
Finkelstein Thompson LLP has spent over three decades delivering
outstanding representation to institutional and individual clients
in financial litigation, and has been appointed as lead or co-lead
counsel in dozens of shareholder class actions. Indeed, the firm
has served in leadership roles in cases that have recovered over $1
billion for investors and consumers.
To learn more about Finkelstein Thompson LLP, please visit our
web site at www.finkelsteinthompson.com. Attorney advertising.
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