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4-Traders Homepage  >  Equities  >  Nasdaq  >  FBR & Co    FBRC

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FBR & Co : Levi & Korsinsky, LLP Announces an Investigation Into Whether the Sale of FBR & Co. to B. Riley Financial Inc. is Fair to Shareholders - FBRC

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02/24/2017 | 07:34pm CET

NEW YORK, NY / ACCESSWIRE / February 24, 2017 / The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased FBR & Co. ("FBR") (NASDAQ: FBRC) stock prior to February 21, 2017.

You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of FBR to B. Riley Financial Inc. for 0.671 shares of B. Riley and a cash dividend of $8.50 per share. To learn more about the action and your rights, go to: http://zlk.9nl.com/fbrc, or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP


© Accesswire 2017
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Financials ($)
Sales 2017 138 M
EBIT 2017 9,42 M
Net income 2017 0,28 M
Debt 2017 -
Yield 2017 -
P/E ratio 2017 -
P/E ratio 2018
Capi. / Sales 2017 0,91x
Capi. / Sales 2018 0,86x
Capitalization 125 M
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Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 1
Average target price 18,0 $
Spread / Average Target -0,28%
Consensus details
Managers
NameTitle
Richard J. Hendrix Chairman, President & Chief Executive Officer
Brad J. Wright CFO, Treasurer, EVP & Chief Administrative Officer
Thomas J. Hynes Independent Director
Richard A. Kraemer Independent Director
Art J. Reimers Lead Independent Director
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