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SHAREHOLDER ALERT: Brower Piven Announces The Investigation Of Fortegra Financial Corporation In Connection With The Proposed Sale Of The Company To Tiptree Financial Inc.STEVENSON, Md. --(Business Wire)-- The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Fortegra Financial Corporation (NYSE:FRF) ("Fortegra" or the "Company") relating to the proposed buyout of the Company by Tiptree Financial Inc. ("Tiptree"). On August 12, 2014, Tiptree and Fortegra jointly announced the signing of a merger agreement pursuant to which Tiptree will acquire Fortegra in an all cash transaction valued at approximately $218 million. Under the terms of the transaction, Fortegra shareholders are anticipated to receive $10.00 in cash for each share of Fotegra common stock they own. The firm's investigation seeks to determine, among other things, whether the Company's Board of Directors breached their fiduciary duties by failing to maximize shareholder value before agreeing to enter into the transaction, and whether Tiptree is underpaying for Fortegra shares. If you currently own common stock of Fortegra and would like to learn more about the investigation being conducted by Brower Piven, without cost or obligation to you, please visit our website at http://www.browerpiven.com/currentinvestigations.html. You may also request more information by contacting Brower Piven either by email at [email protected] or by telephone at (410) 415-6616. Attorneys at Brower Piven have extensive experience in litigating securities and other class action cases and have been advocating for the rights of shareholders since the 1980s.
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