BALA CYNWYD, Pa., July 06, 2023 (GLOBE NEWSWIRE) -- Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Focus Financial Partners, Inc. (“Focus” or the “Company”) (Nasdaq – FOCS) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to affiliates of Clayton, Dubilier & Rice, LLC (“Clayton”). Under the terms of the Agreement, Focus shareholders will only $53.00 per share in cash.
The investigation concerns whether the Focus Board breached its fiduciary duties to shareholders by failing to conduct a fair process resulting in Clayton paying less than full value for the Company.
If you own shares of Focus stock 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 who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, by visiting https://www.brodskysmith.com/cases/focus-financial-partners-inc-nasdaq-focs-2/, by email at firstname.lastname@example.org or calling tolling free 855-576-4847.
Brodsky & Smith 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.