NEW YORK--(BUSINESS WIRE)--Weiss & Lurie, a national class action and shareholder rights law firm with offices in New York City and Los Angeles, is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of FPIC Insurance Group, Inc. (“FPIC”) (NASDAQ:FPIC) arising from its proposed acquisition by The Doctors Company for $42.00 per share.
Weiss & Lurie is investigating whether FPIC’s Board is acting in the best interests of shareholders in approving the transaction and whether the Board properly sought to maximize shareholder value, such as by adequately shopping the Company. Shareholders have the right to full and fair disclosure concerning FPIC’s business valuation, and the process and rationale of the Board in approving a merger transaction.
If you own FPIC shares and would like more information about your rights as a shareholder or additional information concerning our investigation, please contact Julia J. Sun either by email at info@weisslurie.com or by telephone at (888) 593-4771.
Weiss & Lurie has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded institutions and individuals and obtained important corporate governance in these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (such as insider trading, waste of corporate assets, accounting fraud, or issuing materially misleading press releases or SEC filings), consumer fraud (such as false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at info@weisslurie.com or fill out the form on our website, http://www.weisslurie.com/contact/report_fraud/.
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