NEW YORK, May 28, 2013 /PRNewswire/ -- Bernstein Liebhard LLP is investigating whether the Board of Directors of Lender Processing Services, Inc. ("Lender Processing Services" or the "Company") (NYSE: LPS) breached its fiduciary duty to its shareholders in agreeing to sell Lender Processing Services to Fidelity National Financial, Inc. (NYSE: FNF).
Under the terms of the agreement, Lender Processing Services shareholders will receive $33.25 in cash for each share they own. The investigation is focused on the potential unfairness of the price to Lender Processing Services shareholders and the process by which the Lender Processing Services Board of Directors considered and approved the transaction.
If you are interested in discussing your rights as a Lender Processing Services stockholder, with no obligation or cost to you, please contact U. Seth Ottensoser at:
Bernstein Liebhard LLP has pursued hundreds of securities, consumer and shareholder rights cases and recovered over $3 billion for its clients. It has been named to The National Law Journal's "Plaintiffs' Hot List" in each of the last ten years.
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SOURCE Bernstein Liebhard LLP