Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Force Protection, Inc. (“Force Protection” or the “Company”) (Nasdaq: FRPT) concerning the proposed acquisition of the Company by General Dynamics. Under the terms of the offer, Force Protection shareholders will receive $5.52 in cash for each share they own in a transaction valued at approximately $360 million.
The investigation is focused on the potential unfairness of the consideration to Force Protection shareholders, the process by which the Board of Directors considered the transaction, and potential conflicts of interests among Force Protection Board members. According to Yahoo! Finance, at least one analyst has set a price target of $8.00 for the Company’s shares, and its stock traded at $5.73 as recently as February 2011.
If you are interested in discussing your rights as a Force Protection shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, DC offices at (877) 337-1050 or by email at contact@finkelsteinthompson.com.
Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in financial litigation, and has been appointed as lead or co-lead counsel in dozens of shareholder class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers.
To learn more about Finkelstein Thompson LLP, please visit our web site at www.finkelsteinthompson.com. Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts:
Richard M. Volin, 202-337-8000
