Force Protection, Inc. Merger Litigation (Nasdaq: FRPT)

Law Office of Brodsky & Smith, LLC Announces Investigation of Force Protection, Inc. 
 
BALA CYNWYD – (BUSINESS WIRE) Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Force Protection, Inc. (“Force Protection” or the “Company”) (Nasdaq - FRPT- News) relating to the proposed acquisition by General Dynamics.  
 
Under the terms of the transaction, Force Protection shareholders would receive $5.52 in cash for each share Force Protection stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Force Protection for not acting in the Company’s shareholders' best interests in connection with the sale process to General Dynamics. The transaction may undervalue Force Protection as Force Protection stock traded at $6.49 on April 12, 2010 and traded at $5.85 as recently as January 18, 2011. In addition, an analyst has set a price target of $8.00 per share for Force Protection stock.  
 
If you own shares of Force Protection stock and wish to discuss the legal ramifications of the proposed transaction, 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 602, Bala Cynwyd, PA 19004, by e-mail at investorrelations@brodsky-smith.com, or by calling toll free 877-LEGAL-90. 

To Join the Force Protection, Inc. Litigation

  1. Fill out this form





    By clicking on the submit button, I acknowledge that I have downloaded and read both the Merger Class Action Lawsuit Retainer Agreement and Class Representative Rights and Responsibilities documents, and agree to retain Brodsky & Smith, LLC to file an action against Force Protection, Inc. in connection with this case. Brodsky & Smith, LLC will prosecute the action on a contingent fee basis and will advance all costs and expenses.

View Complaint

The complaint is unavailable at this time

Join Other Cases

Frequently Asked Questions

 


Website design, management and hosting by LegalGraphicArts.com