DALLAS, April 23, 2012 /PRNewswire/ -- Securities lawyers at Goldfarb LLP announce an investigation into alleged violations of shareholder protection laws by officers and directors of Edelman Financial Group, Inc. (NASDAQ: EF) in connection with a buyout agreement for $8.85 per share to Lee Equity Partners, LLC. Concerned EF investors are encouraged to contact attorney Hamilton Lindley at 877-583-2855 or [email protected] about their rights and remedies.
"The stock has traded over $8.00 per share several times over the past year, and key directors will remain in their roles following the acquisition, so it is crucial to affirm that the board has adequately shopped the company and procured the highest price for shareholders," said Hamilton Lindley. "Our proposed investor lawsuit seeks to ensure that EF shareholders' interests are protected in the merger in terms of price and information."
Goldfarb LLP lawyers have significant experience representing shareholders and whistleblowers in securities lawsuits nationwide. EF stockholders – or anyone with knowledge about this acquisition – should contact lawyer Hamilton Lindley at [email protected] or 877-583-2855 with questions or concerns.
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SOURCE Goldfarb LLP