NEW YORK, NY / ACCESWIRE / February 7, 2020 / The following statement is being issued by Levi & Korsinsky, LLP:
To: All Persons or Entities who purchased FGL Holdings ("FGL" or the "Company") (NYSE:FG) stock prior to February 7, 2020.
You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of FGL to Fidelity National Financial, Inc. (NYSE: FNF) ("FNF"). Under the terms of the merger, holders of FGL's ordinary shares may elect to receive either (i) $12.50 per share in cash or (ii) 0.2558 of a share of FNF common stock for each ordinary share of F&G they own, subject to an election and proration mechanism. To learn more about the action and your rights, go to:
https://www.zlk.com/mna2/fgl-holdings-loss-form
or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500. There is no cost or obligation to you.
The FGL merger investigation concerns whether the Board of FGL breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction and whether FNF is underpaying for FGL shares, thus unlawfully harming FGL shareholders.
Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
SOURCE: Levi & Korsinsky, LLP