BALA CYNWYD, Pa., April 19, 2013 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of National
Financial Partners Corporation ("National Financial" or the
"Company") (NYSE: NFP) relating to the proposed acquisition by
Madison Dearborn, LLC.
("Madison Dearborn").
Under the terms of the transaction, National Financial
shareholders will receive only $25.35
in cash for each share of National Financial stock they own. The
investigation concerns possible breaches of fiduciary duty and
other violations of state law by the Board of Directors of National
Financial for not acting in the Company's shareholders' best
interests in connection with the sale process to Madison Dearborn. The focus of the investigation
is whether the National Financial Board of Directors breached their
fiduciary duties by failing to conduct an adequate and fair sales
process prior to agreeing to this proposed transaction.
If you own shares of National Financial 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 visiting
http://brodsky-smith.com/570-nfp-national-financial-partners-corporation.html,
by calling toll free 877-LEGAL-90.
SOURCE Brodsky & Smith, LLC