Faruqi and Faruqui, LLP Logo
Share this page

First Investors Financial Services Group, Inc. (FIFS)



Faruqi & Faruqi, LLP Is Seeking More Cash For The Shareholders of First Investors Financial Services Group, Inc. (FIFS)

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of First Investors Financial Services Group, Inc. (“FIFS” or the “Company”) (OTC: FIFS) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to FIFS Holdings Corp., a company controlled by Aquiline Capital Partners LLC, in an all-cash deal valued at approximately $100 million. Under the terms of the proposed transaction, FIFS stockholders will receive $13.87 in cash for each share of FIFS common stock they own. 

The investigation focuses on whether the Company’s Board of Directors breached their fiduciary duties to FIFS stockholders by failing to conduct an adequate and fair sales process prior to agreeing to this proposed transaction, whether the proposed transaction undervalues FIFS shares and by how much this proposed transaction undervalues the Company to the detriment of FIFS shareholders.

If you own common stock in FIFS and wish to obtain additional information and protect your investments free of charge, please contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

Request Information

Please tell us about yourself by completing the form below and we will provide you with additional
information at no cost to you on how to join the Class Action.

  • Company:
    First Investors Financial Services Group, Inc. (FIFS)

* The submission of this form does not create an attorney-client relationship.

Contact Counsel

Juan E. Monteverde
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330


Send Information

If you have information regarding this case that you would like to make available, please click here to contact us about our investigation.