MILWAUKEE, Jan. 13, 2021 /PRNewswire/ — Ademi LLP is investigating FBL Monetary (NYSE: FFG) for potential breaches of fiduciary obligation and different violations of the legislation in its transaction with Farm Bureau Property & Casualty Insurance coverage Firm and Iowa Farm Bureau Federation.
Click on right here to discover ways to be part of the motion: http://ademilaw.com/case/fbl-financial-group-inc or name Guri Ademi toll-free at 866-264-3995. There isn’t a price or obligation to you.
Ademi LLP alleges FBL Monetary’s monetary outlook is enhancing and but FBL Monetary shareholders will obtain solely $56.00 per FBL Monetary share they personal. The merger settlement unreasonably limits competing bids for FBL Monetary by prohibiting solicitation of additional bids, and imposing a termination penalty if FBL Monetary accepts a superior bid. FBL Monetary insiders will obtain thousands and thousands of {dollars} as a part of change of management preparations. We’re investigating the conduct of FBL Monetary’s board of administrators, and whether or not they’re (i) fulfilling their fiduciary duties to all shareholders, and (ii) acquiring a good and cheap value for FBL Monetary.
If you happen to personal FBL Monetary frequent inventory and want to get hold of further info, please contact Guri Ademi both at [email protected] or toll-free: 866-264-3995, or http://ademilaw.com/case/fbl-financial-group-inc.
We focus on shareholder litigation involving buyouts, mergers, and particular person shareholder rights all through the nation. For extra info, please be at liberty to name us. Legal professional promoting. Prior outcomes don’t assure comparable outcomes.
Contacts
Ademi LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
SOURCE Ademi LLP
