Log in
Lost password
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  National Financial Partners Corp.    NFP

News SummaryMost relevantAll newsSector news 

National Financial Partners Corp. : Law Office of Brodsky & Smith, LLC Announces Investigation of National Financial Partners Corporation

04/30/2013 | 12:35pm US/Eastern

Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of National Financial Partners Corporation ("National Financial" or the "Company") (NYSE: NFP) relating to the proposed acquisition by Madison Dearborn, LLC ("Madison Dearborn").

Under the terms of the transaction, National Financial shareholders will receive only $25.35 in cash for each share of National Financial stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of National Financial for not acting in the Company's shareholders' best interests in connection with the sale process to Madison Dearborn. The focus of the investigation is whether the National Financial Board of Directors breached their fiduciary duties by failing to conduct an adequate and fair sales process prior to agreeing to this proposed transaction.

If you own shares of National Financial stock and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at investorrelations@brodsky-smith.com visiting http://brodsky-smith.com/570-nfp-national-financial-partners-corporation.html, by calling toll free 877-LEGAL-90.

Brodsky & Smith, LLC
Jason L. Brodsky, Esquire
Evan J. Smith, Esquire

© Business Wire 2013
React to this article
10/29 NATIONAL FINANCIAL PARTNERS : NFP Congratulates Team Members Honored as NAPA's T..
09/16 NATIONAL FINANCIAL PARTNERS : NFP Acquires 401k Management Group and Campbells A..
09/10 NATIONAL FINANCIAL PARTNERS : FAP release is now live on BusinessWire
09/03 NATIONAL FINANCIAL PARTNERS : NFP Advisor Services Congratulates Two Honorees Na..
04/29 NATIONAL FINANCIAL PARTNERS : NFP to Post First Quarter 2015 Earnings Results on..
02/24 NATIONAL FINANCIAL PARTNERS : Two NFP Executives Recognized on The 401kWire's 10..
01/13 NATIONAL FINANCIAL PARTNERS : Ultra Wealthy to Transfer US$16 Trillion Over Next..
2014 NATIONAL FINANCIAL PARTNERS : NFP's Michael Goodman to Lead National Structured ..
2014 NATIONAL FINANCIAL PARTNERS : NFP Acquires Schwartz Brothers Insurance
2014 NATIONAL FINANCIAL PARTNERS : NFP Advisor Services Launches Succession Planning ..