NEW YORK--(BUSINESS WIRE)--Kirby McInerney LLP is investigating potential claims against Fortegra Financial Corporation (“Fortegra” or the “Company”) (NYSE:FRF) concerning the proposed acquisition of the Company by Tiptree Financial Inc. (“Tiptree”) (NASDAQ: TIPT). Under the terms of the merger agreement, Fortegra stockholders will receive $10.00 in cash for each share of Fortegra common stock they own, valuing the total transaction at approximately $218 million.
The investigation concerns whether the Fortegra Board of Directors violated its fiduciary duties by agreeing to the proposed transaction and whether the proposed consideration adequately values the Company’s common stock.
If you are a Fortegra stockholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at firstname.lastname@example.org or telephone at (212) 699-1145, or Melissa Fortunato, Esq. by email at email@example.com or telephone at (212) 699-1141, or toll free at (888) 529-4787, or by filling out this contact form. There is no cost or obligation to you.
Kirby McInerney LLP is a New York-based law firm concentrating in securities, stockholder, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.