DALLAS, April 29, 2013 /PRNewswire/ -- Lawyers at Deans & Lyons LLP are investigating the board of National Financial Partners (NYSE: NFP) for potential violations of shareholder protection laws involving the sale of the company to Madison Dearborn Partners LLC for $26.35 per share in cash. Concerned NFP stockholders who want more money and information from NFP should contact securities lawyer Hamilton Lindley at 877-819-8033 or [email protected] about potential stockholder claims.
"Due to the Company's recent growth, the mere 8% premium to the previous day's closing price appears unfair to NFP investors," said shareholder rights attorney Hamilton Lindley. "In the last nine months, the stock climbed almost 60 percent. Officers and directors of the company owe the duty to obtain the highest price reasonably available and disclose all important information to stockholders. It does not appear that occurred here," Mr. Lindley said.
The securities lawyers of Deans & Lyons have significant experience representing stockholders nationwide in representative actions involving unfair mergers at no cost to its clients. National Financial Partners stockholders who seek more money and information due to this buyout or should contact Hamilton Lindley at [email protected] or 877-819-8033.
SOURCE Deans & Lyons LLP