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The Shuman Law Firm Investigates GFI Group, Inc.

2014-08-20 20:00 ET - News Release


BOULDER, Colo. -- (Business Wire)

The Shuman Law Firm announces that it is investigating potential claims against certain officers and directors of GFI Group, Inc. (“GFI” or the “Company”) (NYSE: GFIG). GFI is a New York-based company that provides wholesale brokerage, clearing, and electronic execution and trading support products and services for financial markets.

The Firm’s investigation relates to the Company’s July 30, 2014 announcement that GFI will be sold in its entirety to the Chicago Mercantile Exchange Group Inc. (“CME”) for $4.55 per share in CME stock, but immediately thereafter a private consortium led by GFI insiders, including the Company’s Executive Chairman and its Chief Executive Officer (“CEO”), will purchase back from CME the Company’s wholesale brokerage and clearing businesses. The firm is investigating whether the proposed transaction is in the best interests of GFI and GFI stockholders given the potential conflict with the Company’s Executive Chairman and CEO.

If you currently own GFI common stock and are interested in discussing your rights, or have information relating to this investigation, please contact Rusty E. Glenn toll free at (866) 974-8626 or email Mr. Glenn at rusty@shumanlawfirm.com.

The Shuman Law Firm represents investors throughout the nation, concentrating its practice in stockholder litigation.

Contacts:

The Shuman Law Firm
Rusty E. Glenn, Esq., 866-974-8626
Fax: 303-484-4886
rusty@shumanlawfirm.com
Web: www.shumanlawfirm.com

Source: The Shuman Law Firm

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