CEDARHURST, NY / ACCESSWIRE / April 17, 2019 / Kuznicki Law PLLC is investigating HomeFed Corporation (OTCQB: HOFD) (''HomeFed'') regarding the proposed sale of all outstanding HomeFed common stock to Jefferies Financial Group Inc. (JEF) ("Jefferies").
Under the terms of the proposed transaction, for each share of common stock they own, HomeFed stockholders will receive either (i) $38.00 in cash, or (ii) shares of Jefferies common stock, valued between $38.00 and $42.00, subject to the terms of the Merger Agreement.
The firm's investigation seeks to determine, among other things, whether the Board of Directors of HomeFed breached their duties to stockholders in connection with the proposed transaction and whether and by what amount the proposed transaction undervalues HomeFed common stock.
If you own HomeFed common stock and wish to obtain additional information about this investigation, please contact Daniel Kuznicki, Esq. either via e-mail at dk@kclasslaw.com or by telephone at (347) 696-1134. There is no cost or obligation to you.
Kuznicki Law PLLC is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm's attorneys have extensive experience in prosecuting securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders over their careers.
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CONTACT:
Kuznicki Law PLLC
Daniel Kuznicki, Esq.
445 Central Avenue, Suite 344
Cedarhurst, NY 11516
Email: dk@kclasslaw.com
Phone: (347) 696-1134
Fax: (347) 348-0967
Kclasslaw.com
SOURCE: Kuznicki Law
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