Faruqi & Faruqi, LLP’s national practice focuses on complex civil litigation. The firm practices in the areas of Securities, Merger & Transactional, Shareholder Derivative, Antitrust, Consumer Class Action, and Wage & Hour litigation.
Thursday, October 1, 2015
Faruqi & Faruqi Investigation: The Phoenix Companies Inc.
The Company’s stockholders will only receive $37.50 for each share of Company common stock they own. However, the Company stock has traded as high as $70.92 in the past 52 weeks as well as the Revenue and Book Value multiples are below the averages of comparable transactions.