Bala Cynwyd, Pennsylvania--(Newsfile Corp. - September 12, 2024) - Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Enstar Group Limited ("Enstar" or the "Company") (NASDAQ: ESGR) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to Sixth Street. Under the terms of the agreement, Enstar shareholders will receive a total of $338.00 in cash per ordinary share of Enstar payable upon closing of the transaction, representing a total equity value of $5.1 billion.
The investigation concerns whether Enstar Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether Sixth Street is paying fair value to shareholders of the Company.
Brodsky & Smith 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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