PR Newswire
NEW YORK, May 1, 2018
NEW YORK, May 1, 2018 /PRNewswire/ -- WeissLaw LLP is
investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Financial Engines,
Inc. ("FNGN" or the "Company") (NASDAQ: FNGN) in connection with the proposed acquisition of the Company by funds affiliated with
Hellman & Friedman (the "Affiliates"). Under the terms of the acquisition agreement, the Company's shareholders will
receive $45.00 in cash for each FNGN share they own.
WeissLaw is investigating whether FNGN's Board acted to maximize shareholder value prior to entering into the agreement.
Notably, in its latest financial statements, FNGN reported an 11% year-over-year increase in revenue, from the $113.2 million reported in the fourth quarter of 2016 to $125.7 million reported
in the same period of the following year. The Company also reported an impressive annual growth of 26% in non-GAAP adjusted
EBITDA, and a 31% year-over-year increase in non-GAAP adjusted earnings per share.
Given these facts, WeissLaw is investigating whether FNGN's Board acted in the best interests of FNGN's public shareholders to
maximize shareholder value prior to entering into the agreement. If you own FNGN shares and would like more information
about your rights or our investigation, or if you have information to share with us, please contact Joshua Rubin by telephone at (888) 593-4771 or by email at stockinfo@weisslawllp.com .
WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary
duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief
in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing
(including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud
(including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email
us at stockinfo@weisslawllp.com or fill out
the form on our website, http://www.weisslawllp.com/financial-engines-inc/
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SOURCE WeissLaw LLP
