NEW YORK, Aug. 12, 2014 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Fortegra Financial Corporation ("Fortegra" or the "Company") (NYSE: FRF) concerning the proposed acquisition of the Company by Tiptree Operating Company, LLC ("Tiptree").
Under the terms of the transaction, Tiptree will purchase Fortegra in a transaction valued at approximately $218 million. Fortegra shareholders will receive $10 in cash for each share of Fortegra owned.
Our investigation concerns whether the Fortegra board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders.
If you own Fortegra shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Benjamin I. Sachs-Michaels, Esq. Robert I. Harwood, Esq. Craig Lowther Harwood Feffer LLP 488 Madison Avenue New York, New York 10022 Phone Numbers: (877) 935-7400 (212)935-7400 Email: firstname.lastname@example.org Website: http://www.hfesq.com Follow us on Twitter: @HarwoodFeffer
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