INVESTOR NOTICE: ROSEN, A TOP RANKED LAW FIRM, Encourages Franchise Group, Inc. Investors with Losses in
Benzinga WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Franchise Group, Inc. FRG FRGAP))) resulting from allegations that Franchise Group may have issued materially misleading business information to the investing public.
SO WHAT: If you purchased Franchise Group securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=16944 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.
WHAT IS THIS ABOUT: On May 10, 2023, Franchise Group announced that it would be acquired by Freedom VCM, Inc., an investment consortium that includes Franchise Group's CEO, at a price of $30.00 per share less than a 4% premium to the stock's closing price the prior day. Following the closing of the proposed transaction, Franchise Group investors will be cashed out of their investment position and the company's shares will no longer be publicly traded.
