Case Details for ""

Investigation of SFN Group, Inc

Lawyers are investigating potential claims on behalf of shareholders of SFN Group Inc. ("SFN" or the "Company") (NYSE: SFN) concerning the proposed acquisition of the Company by Randstad Holding nv. Under the terms of the offer, SFN shareholders will receive $14.00 in cash for each share they own. The transaction is valued at approximately $709.8 million.

The investigation is focused on the potential unfairness of the consideration to SFN shareholders, the process by which the Board of Directors considered the transaction, and potential conflicts of interests among SFN Board members. Shares of SFN have risen more than 51% in the last twelve months, and traded as high as $15.39 on April 6, 2011. Moreover, according to Yahoo! Finance, at least one analyst has set a price target of $17 for the Company's shares.

Posted on:07/21/2011
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Scope: Nationwide

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