NEW YORK -- (Business Wire)
Faruqi & Faruqi, LLP, a leading national securities firm headquartered
in New York City, is investigating the Board of Directors of Fifth
Street Finance Corp. (“Fifth Street Finance” or the “Company”)
(NasdaqGS: FSC) for potential breaches of fiduciary duties in connection
with their conduct in seeking shareholders’ approval for an amendment to
the Company’s Restated Certificate of Incorporation.
Specifically, in the Proxy Statement filed by the Company with the
Securities and Exchange Commission on January 25, 2013, the Board of
Directors recommends that Fifth Street Finance’s shareholders vote to
approve an amendment to the Company’s Restated Certificate of
Incorporation to increase the number of authorized shares of common
stock from 150,000,000 to 250,000,000 shares. The issuance of the
additional shares could have a substantial dilutive effect on the shares
of Fifth Street Finance common stock.
Request more information now by clicking here: www.faruqilaw.com/FSC.
There is no cost or obligation to you.
Faruqi & Faruqi, LLP is a national law firm which represents investors
and individuals in class action litigation. The firm is focused on
providing exemplary legal services in complex litigation in the areas of
securities, shareholder, antitrust and consumer litigation, throughout
all phases of litigation. The firm has an experienced trial team which
has achieved significant victories on behalf of the firm’s clients.
If you own common stock in Fifth Street Finance and wish to obtain
additional information and protect your investments free of charge,
please visit us at www.faruqilaw.com/FSC
or contact Juan E. Monteverde, Esq. either via e-mail at email@example.com
or by telephone at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2013 Faruqi & Faruqi, LLP. The law firm
responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).
Prior results do not guarantee or predict a similar outcome with respect
to any future matter. We are happy to discuss your particular case.
Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
York, NY 10017
Attn: Juan E. Monteverde, Esq.
Free: (877) 247-4292
Phone: (212) 983-9330
Source: Faruqi & Faruqi, LLP
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