FMR First Mercury Financial Corp

Robbins Umeda LLP has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by members of the Board of Directors ("Board") of First Mercury Financial Corporation ("First Mercury" or the "Company") (NYSE: FMR) in connection with their efforts to sell First Mercury to Fairfax Financial Holdings Limited ("Fairfax Financial"). If the transaction is completed, First Mercury shareholders will receive $16.50 in cash for each share of First Mercury common stock they hold. The transaction is expected to close in the first quarter of 2011.

Robbins Umeda LLP's investigation concerns whether First Mercury's Board undertook a fair process to obtain fair consideration for all shareholders of First Mercury. Specifically, our investigation concerns whether members of the Company's Board breached their fiduciary duties to First Mercury shareholders by failing to adequately shop the Company before entering into the transaction with Fairfax Financial.

If you are a shareholder of First Mercury, plan to continue to hold your shares, and would like more information about your rights as a shareholder, please contact attorney Gregory E. Del Gaizo at 800-350-6003 or by e-mail at info@robbinsumeda.com.

Robbins Umeda LLP is a securities litigation firm with significant experience representing investors in merger-related shareholder class actions, shareholder derivative actions, and securities fraud class actions. For more information about the firm, please go to http://www.robbinsumeda.com.

Advertisement

First Mercury Financial Corp (NYSE:FMR)
Historical Stock Chart
From Jan 2025 to Feb 2025

First Mercury Financial Corp (NYSE:FMR)
Historical Stock Chart
From Feb 2024 to Feb 2025