Press release from Business Wire
Rigrodsky & Long, P.A. Announces Investigation Of Knight Capital Group, Inc. Buyout
Wednesday, December 19, 2012
Rigrodsky & Long, P.A. Announces Investigation Of Knight Capital Group, Inc. Buyout18:08 EST Wednesday, December 19, 2012
WILMINGTON, Del. (Business Wire) -- Rigrodsky
& Long, P.A. announces that it is investigating potential legal
claims against the board of directors of Knight Capital Group, Inc.
(“Knight” or the “Company”) (NYSE: KCG)
regarding possible breaches of fiduciary duties and other violations of
law related to the Company's entry into an agreement to be acquired by
GETCO Holding Company, LLC (“GETCO”) in a transaction valued at
approximately $1.4 billion.
Click here to learn more: http://www.rigrodskylong.com/investigations/knight-capital-group-inc-kcg.
Under the terms of the proposal, public shareholders of Knight will have
the right to elect to receive $3.75 per share in cash or one share of
common stock of the new holding company for each share of Knight they
own.
The investigation concerns whether Knight's board of directors failed to
adequately shop the Company and obtain the best possible value for
Knight's shareholders before entering into an agreement with GETCO.
If you own the common stock of Knight and purchased your shares before
December 19, 2012, if you have information or would like to learn more
about these claims, or if you wish to discuss these matters or have any
questions concerning this announcement or your rights or interests with
respect to these matters, please contact Peter Allocco at Rigrodsky &
Long, P.A., 825 East Gate Boulevard, Suite 300, Garden City, New York
11530 toll free at (888) 969-4242, by e-mail to info@rigrodskylong.com,
or at: http://www.rigrodskylong.com/investigations/knight-capital-group-inc-kcg.
Rigrodsky
& Long, P.A., with offices in Wilmington, Delaware and Garden
City, New York, regularly prosecutes securities
class, derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in states
and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar outcome.
Rigrodsky & Long, P.A.Peter Allocco888-969-4242516-683-3516Fax:
302-654-7530info@rigrodskylong.comhttp://www.rigrodskylong.com
