Market Overview

Ryan & Maniskas, LLP Announces Investigation of KBW Inc.

WAYNE, Pa.--(BUSINESS WIRE)--

Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/kbw) is investigating potential claims against the board of directors of KBW, Inc. (“KBW” or the “Company”) (NYSE: KBW) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Stifel Financial Corp. (“Stifel”) in a cash-and-stock deal valued at approximately $575 million.

Our investigation concerns possible breaches of fiduciary duty and other violations of law related to the approval of the transaction by the Company's board of directors; in particular, whether the Company undertook a fair process to obtain fair consideration for all shareholders of KBW. For more information regarding our investigation, please contact Ryan & Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at (877) 316-3218 or by email at rmaniskas@rmclasslaw.com or visit: www.rmclasslaw.com/cases/kbw

Under the terms of the proposed transaction, KBW shareholders will receive $17.50 per share, comprised of $10 per share in cash and $7.50 per share in Stifel common stock.

If you own shares of KBW and would like to learn more about these claims or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (877) 316-3218 or to sign up online, visit: www.rmclasslaw.com/cases/kbw. You may also email Mr. Maniskas at rmaniskas@rmclasslaw.com. For more information about class action cases in general, please visit our website: www.rmclasslaw.com.

Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan & Maniskas, LLP is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.

Ryan & Maniskas, LLP
Richard A. Maniskas, Esquire, 877-316-3218
rmaniskas@rmclasslaw.com
www.rmclasslaw.com/cases/kbw

 

Around the Web, We're Loving...

Get Benzinga's Newsletters