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FGL HOLDINGS MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF FGL HOLDINGS IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – FG
February 7, 2020.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of FGL Holdings (NYSE: FG) to Fidelity National Financial, Inc. (“Fidelity National”) for $12.50 per share in cash is fair to FGL Holdings shareholders. On behalf of FGL Holdings shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
The FGL Holdings merger investigation concerns whether FGL Holdings and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for FGL Holdings shareholders; (2) determine whether Fidelity National is underpaying for FGL Holdings; and (3) disclose all material information necessary for FGL Holdings shareholders to adequately assess and value the merger consideration.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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