NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating the Board of Directors of Stewart Information Services Corporation (“Stewart Information” or the “Company”) (NYSE: STC) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Fidelity National Financial, Inc. (NYSE: FNF). Under the terms of the deal, Stewart Information stockholders will receive $25.00 in cash and 0.6425 common shares of Fidelity stock for each share of Stewart Information stock they own. Based on the closing price of Fidelity stock on March 16, 2018, this represents a value of approximately $50.20 per share.
The investigation concerns whether the Stewart Information Board of Directors breached their fiduciary duties to Stewart Information stockholders by failing to adequately shop the Company before entering into this transaction and whether Fidelity National Financial, Inc. is underpaying for Stewart Information shares, thus unlawfully harming Stewart Information stockholders.
If you own common stock in Stewart Information and wish to obtain additional information, please contact Vincent Wong, Esq. either via email firstname.lastname@example.org, by telephone at 212.425.1140, or http://docs.wongesq.com/STC-Info-Request-Form-1865.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.