Law office of Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Fidelity & Guaranty
Life ("Fidelity” or "the Company") (NYSE: FGL) for possible breaches of
fiduciary duty and other violations of state law in connection with the
sale of the Company to Anbang Insurance Group Company Limited (“Anbang”).
Click here to learn more about the investigation http://brodsky-smith.com/1002-fgl-fidelity--guaranty-life.html,
or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Fidelity shareholders will receive
only $26.80 in cash for each share of Fidelity stock they own. The
investigation concerns whether the Board of Fidelity breached their
fiduciary duties to shareholders and whether Anbang is underpaying for
the Company. The transaction may undervalue Fidelity and will result in
a loss or no real gain for many Fidelity shareholders. For example,
Fidelity stock traded at $27.78 per share on October 23, 2015 and a
analyst has set a $30.00 per share price target for Fidelity stock.
If you own shares of Fidelity stock and wish to discuss the legal
ramifications of the investigation, 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 510, Bala Cynwyd, PA 19004, by
visiting http://brodsky-smith.com/1002-fgl-fidelity--guaranty-life.html,
or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive expertise
representing shareholders throughout the nation in securities and class
action lawsuits. The attorneys at Brodsky & Smith have been appointed by
numerous courts throughout the country to serve as lead counsel in class
actions and have successfully recovered millions of dollars for our
clients and shareholders. Attorney advertising. Prior results do not
guarantee a similar outcome.
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