Law Firm Brower Piven Announces Investigation of National Financial Partners Corp. Proposed Buyout

Mon Apr 22, 2013 2:51pm EDT

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Law Firm Brower Piven Announces Investigation of National Financial Partners Corp. Proposed Buyout

The securities litigation firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty to current shareholders of National Financial Partners Corp. (“NFP” or the “Company”) (NYSE: NFP) and other violations of state law by the board of directors of NFP relating to the proposed buyout of the Company by private equity firm Madison Dearborn Partners, LLC. The firm’s investigation seeks to determine, among other things, whether NFP’s board of directors breached their fiduciary duties by failing to maximize shareholder value.

As stated in the press release announcing the proposed buyout, NFP shareholders will receive $25.35 for each share of NFP common stock they own. According to Yahoo! Finance, the high analyst price target is $26.00 per NFP share.

If you currently own common stock of NFP and would like to learn more about the investigation being conducted by Brower Piven, you may email or call Brower Piven, who will, without obligation or cost to you, attempt to answer your questions. You may contact Brower Piven by email at hoffman@browerpiven.com, by calling (410) 415-6616, or at Brower Piven, A Professional Corporation, 1925 Old Valley Road, Stevenson, Maryland 21153. Attorneys at Brower Piven have combined experience litigating securities and other class action cases of over 60 years.

Brower Piven, A Professional Corporation
Stevenson, Maryland
Charles J. Piven, 410-415-6616
hoffman@browerpiven.com

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