Faruqi & Faruqi, LLP is Seeking More Cash for the Shareholders of National Financial Partners Corp. (NFP)
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of National Financial Partners Corp. (“NFP” or the “Company”) (NYSE: NFP) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Madison Dearborn Partners, LLC, a private equity investment firm, in an all-cash deal valued at approximately $1.3 billion. Under the terms of the proposed transaction, NFP’s stockholders will receive $25.35 in cash for each share of NFP common stock they own.
The investigation focuses on whether NFP’s Board of Directors breached their fiduciary duties to the Company’s stockholders by failing to conduct an adequate and fair sales process prior to agreeing to this proposed transaction, whether and by how much this proposed transaction undervalues the Company to the detriment of NFP’s shareholders.
If you own common stock in NFP and wish to obtain additional information and protect your investments free of charge, please contact Juan E. Monteverde, Esq. either via e-mail at firstname.lastname@example.org or by telephone at (877) 247-4292 or (212) 983-9330.
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.
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Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330
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