LOS ANGELES--(BUSINESS WIRE)--The Wagner Firm announces that it is investigating potential claims on behalf of J. Alexander's Holdings, Inc. (NYSE: JAX) stockholders concerning J. Alexander’s proposed combination with 99 Restaurants, LLC, a company which is owned by Fidelity National Financial, Inc. (FNFV).
The investigation concerns allegations whether JAX’s board of directors may have engaged in self-dealing and failed to obtain the best possible value for J. Alexander’s stockholders before entering into a definitive merger agreement with FNFV. One of JAX’S largest shareholders, Marathon Partners Equity Management, LLC, has announced its opposition to the transaction, calling it one of the “most one-sided, conflicted deals we have seen in 25 years of investing.”
If you own JAX shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Avi Wagner by email at firstname.lastname@example.org or telephone at (310) 491-7949 x 1. There is no cost or obligation to you for such an inquiry.
For additional information about The Wagner Firm, please go to www.thewagnerfirm.com.