FORTEGRA FINANCIAL CORPORATION SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
August 18 2014 - 6:13PM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of Fortegra
Financial Corporation (NYSE: FRF)?
- Did you purchase any of your shares
prior to August 12, 2014?
- Do you think the proposed buyout
price is too low?
- Do you want to discuss your
rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of Fortegra
Financial Corporation (“Fortegra” or the “Company”) (NYSE: FRF)
regarding possible breaches of fiduciary duties and other
violations of law related to the Company’s entry into an agreement
to be acquired by Tiptree Financial Inc. (“Tiptree”) (NASDAQ CM:
TIPT), in a transaction valued at approximately $218 million.
Click here to learn more:
http://www.rigrodskylong.com/investigations/fortegra-financial-corporation-frf.
Under the terms of the agreement, public shareholders of
Fortegra would receive $10.00 in cash for each share of Tiptree
they own.
The investigation concerns whether Fortegra’s board of directors
failed to adequately shop the Company and obtain the best possible
value for Fortegra’s shareholders before entering into an agreement
with Tiptree.
If you own the common stock of Fortegra and purchased your
shares before August 12, 2014, if you have information or would
like to learn more about these claims, or if you wish to discuss
these matters or have any questions concerning this announcement or
your rights or interests with respect to these matters, please
contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long,
P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by
telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at:
http://www.rigrodskylong.com/investigations/fortegra-financial-corporation-frf.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware
and Garden City, New York, regularly prosecutes securities class,
derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in
states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar
outcome.
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M.
Serra888-969-4242302-295-5310Fax:
302-654-7530info@rl-legal.comhttp://www.rigrodskylong.com
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