Faruqi & Faruqi, LLP Announces Investigation of FPIC Insurance Group, Inc.
22 Giugno 2011 - 10:05PM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of FPIC Insurance Group, Inc. (“FPIC” or the “Company”)
(NasdaqGS: FPIC) for potential breaches of fiduciary duties in
connection with their conduct related to the sale of the Company to
the Doctors Company, an Interinsurance Exchange, in a deal valued
at about $357.33 million. The proposed transaction offers FPIC
shareholders $42.00 in cash for each share they own.
Request more information now by clicking here:
www.faruqilaw.com/FPIC
Whether FPIC’s Board of Directors breached their fiduciary
duties to the Company’s stockholders by failing to conduct an
adequate and fair sales process to sell the Company prior to
agreeing to this proposed transaction, whether the proposed
transaction undervalues FPIC’s shares and by how much this proposed
transaction undervalues the Company to the detriment of FPIC’s
shareholders are the key focus of this investigation.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The firm is
focused on providing exemplary legal services in complex litigation
in the areas of securities, shareholder, antitrust and consumer
litigation, through all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm’s clients.
If you own common stock in FPIC and wish to obtain additional
information, please visit us at www.faruqilaw.com/FPIC or contact
Juan E. Monteverde, Esq. either via e-mail at
jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or
(212) 983-9330.
Attorney Advertising. (C) 2011 Faruqi & Faruqi, LLP. The law
firm responsible for this advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter. We are happy to
discuss your particular case.
Grafico Azioni Fpic Insurance Grp (MM) (NASDAQ:FPIC)
Storico
Da Ago 2024 a Set 2024
Grafico Azioni Fpic Insurance Grp (MM) (NASDAQ:FPIC)
Storico
Da Set 2023 a Set 2024
Notizie in Tempo Reale relative a Fpic Insurance Grp (MM) (NASDAQ): 0 articoli recenti
Più Faruqi & Faruqi, LLP Articoli Notizie