PR Newswire
MILWAUKEE, Jan. 4, 2024
MILWAUKEE, Jan. 4, 2024 /PRNewswire/ -- Ademi LLP is investigating FG Financial (Nasdaq: FGF, FGFPP) for possible breaches of fiduciary duty and other violations of law in its transaction with FG Group Holdings.
Click here to learn how to join the https://www.ademilaw.com/case/fg-financial-group-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
At closing, FG Financial stockholders will own just 28% of the outstanding shares of Fundamental Global Inc., while FG Group holdings will own 72%. The transaction agreement unreasonably limits competing transactions for FG Financial by imposing a significant penalty if FG Financial accepts a competing bid. FG Financial insiders will receive substantial benefits as part of change of control arrangements.
We are investigating the conduct of FG Financial's board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
If you own FG Financial common stock and wish to obtain additional information, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, or https://www.ademilaw.com/case/fg-financial-group-inc.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
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SOURCE Ademi LLP
