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Harwood Feffer LLP Announces Investigation of M&F Worldwide Corporation

2011-06-13 14:59 ET - News Release


NEW YORK -- (Business Wire)

Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of M&F Worldwide Corporation (“MFW) (NYSE: MFW) concerning the proposed acquisition by MacAndrew & Forbes Holdings, Inc. (“MacAndrew & Forbes”) for all of the outstanding shares of common stock of MFW that are not currently owned by MacAndrew & Forbes for $24.00 per share in cash.

MacAndrew & Forbes currently owns 43% of MFW’s outstanding common shares. No definitive agreement has yet been entered into, and no special committee has been appointed to consider the proposal. Instead, MacAndrew & Forbes stated that it expects that MFW will appoint a special committee of independent directors to consider its proposal and make a recommendation to the MFW’s board of directors.

Our investigation concerns whether the board of directors has undertaken a fair process to obtain fair consideration for all shareholders of MFW.

If you own shares of MFW and would like to learn more about these claims or if you wish to discuss this matter and have any questions or information concerning this announcement, please contact Robert I. Harwood, Esq. at rharwood@hfesq.com or James G. Flynn, Esq. at jflynn@hfesq.com. You may also call them at (877) 935-7400. For more information about class actions, or to sign up online, please visit our website: www.hfesq.com.

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

Attorney Advertising. © 2011 Harwood Feffer LLP. The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contacts:

Harwood Feffer LLP
Robert I. Harwood, Esq.
James G. Flynn, Esq.
(877) 935-7400
rharwood@hfesq.com
jflynn@hfesq.com
clowther@hfesq.com

Source: Harwood Feffer LLP

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