SHAREHOLDER NOTICE:  Brodsky & Smith, LLC Announces an Investigation of Financial Engines, Inc. – FNGN

 

BALA CYNWYD, May 1, 2018 /Access Wire/ – Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Financial Engines, Inc. (“Financial Engines” or “the Company”) (Nasdaq – FNGN-News) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to funds affiliated with Hellman & Friedman. (“H&F”).

Under the terms of the transaction, Financial Engines shareholders will receive only $45.00 in cash for each share of Financial Engines stock they own. The investigation concerns whether the Board of  Financial Engines breached their fiduciary duties to shareholders and whether H&F is underpaying for the Company. The transaction may undervalue the Company and may not be in the Financial Engines shareholders best interests. For example, the transaction would result in a loss for many long term shareholders as Financial Engines stock has traded at $69.48 per share.

If you own shares of Financial Engines and wish to discuss the legal ramifications of  the investigation, 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 510, Bala Cynwyd, PA  19004, or calling toll free 877-LEGAL-90.

Brodsky & Smith, LLC 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.