NEW YORK--([ BUSINESS WIRE ])--The Rosen Law Firm, P.A. is investigating the Board of Directors of First Investors Financial Services Group Inc. (OTC: FIFS) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the First Investors to FIFS Holdings Corp., an affiliate of Aquiline Capital Partners LLC.
If you would like to join the action please email or call Phillip Kim or Kevin Chan, toll-free, at 866-767-3653; or email at [ pkim@rosenlegal.com ] or [ kchan@rosenlegal.com ]. There is no cost or obligation to you.
Under the terms of the transaction, shareholders will receive $13.87 per share for each share of First Investors they own. The transaction has a total value of approximately $100 million. The investigation relates to whether First Investorsa Board breached its fiduciary duties in connection with entering into this transaction and whether FIFS Holdings is underpaying for First Investorsa shares; consequently unlawfully harming First Investorsa shareholders.
If you own First Investors Financial common stock and wish to obtain additional information, you may contact Phillip Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at [ pkim@rosenlegal.com ] or [ kchan@rosenlegal.com ].
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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