BALA CYNWYD, PA / ACCESSWIRE / March 20, 2018 / The Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Stewart Information Services Corporation ("Stewart" or the "Company") (NYSE: STC - News) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to Fidelity National Financial, Inc. ("Fidelity").
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Under the terms of the transaction, Stewart shareholders will receive only $25.00 in cash and 0.6425 of a share of Fidelity stock for each share of Stewart stock they own. The investigation concerns whether the Board of Stewart breached their fiduciary duties to shareholders and whether Fidelity is underpaying for the Company. The transaction may undervalue the Company and may not be in the Stewart shareholders best interests.
If you own shares of Stewart stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA 19004, by visiting http://www.brodskysmith.com/cases/stewart-information-services-corporation-nyse-stc/, or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.
SOURCE: Brodsky & Smith, LLC