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Follow on Google News | Force Protection, Inc. Merger under Investor InvestigationAn investigation on behalf of investors of Force Protection, Inc. over possible breaches their fiduciary duties was announced and NASDAQ-FRPT stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com
If you purchased shares of Force Protection, Inc. prior to the announcement and currently hold those shares, you have certain options and you should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm concerns whether Force Protection Inc, certain of its officers and directors, and/or others breached their fiduciary duties owed to Force Protection investors in connection with the proposed acquisition. On Monday, Nov. 7, 2011, Force Protection, Inc. and General Dynamics announced that they have entered into a merger agreement under which General Dynamics will acquire Force Protection for a price of $5.52 per share of common stock, or approximately $360 million. However, shares of Force Protection, Inc. (Public, NASDAQ-FRPT) Therefore, the investigation concerns whether the Force Protection Board of Directors undertook an adequate sales process and in particular breached their fiduciary duties to Force Protection, Inc. (FRPT) shareholders by failing to adequately shop the Company before entering into this transaction. Furthermore the investigation concerns on whether General Dynamics would underpay for NASDAQ-FRPT shares, thus unlawfully harming Force Protection (FRPT) stockholders. A potential securities class action lawsuit would seek to maximize the amount of money and information Force Protection shareholders would receive in a buyout, so the law firm. Those who are current investors in Force Protection, Inc. (Public, NASDAQ- FRPT) and purchased your NASDAQ-FRPT shares prior to the announcement, and/or those who have any information relating the investigation, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554. # # # The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group. We do research related to shareholder issues and inform investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. At Shareholders Foundation, Inc. we are in contact with a large number of shareholders. We offer help, support, and assistance for every shareholder. We help investors find answers to their questions and equitable solutions to their problems. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon. End
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