SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of the Board of Directors of MicroFinancial Inc. Regarding the Sale of the Company - MFI

BALA CYNWYD, Pa., Dec. 16, 2014 /PRNewswire/ -- Law office of Brodsky & Smith, LLC are investigating the Board of Directors of MicroFinancial Inc. ("MicroFinancial" or "the Company") (Nasdaq-MFI-News) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Fortress Investment Group.

Click here to learn more about the investigation http://brodsky-smith.com/867-mfi-microfinancial-inc.html, or call: 877-534-2590. There is no cost or obligation to you.

Under the terms of the transaction, MicroFinancial shareholders will get $10l.20 in cash for each share of MicroFinancial common stock they own.  The investigation concerns whether the Board of MicroFinancial breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the transaction, and whether Fortress Investment Group is underpaying for MicroFinancial.

If you own shares of MicroFinancial common stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA 19004, by e-mail at [email protected], by visiting http://brodsky-smith.com/867-mfi-microfinancial-inc.html, or calling toll free 877-LEGAL-90. 

Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome. Brodsky & Smith, LLC may not have filed a complaint.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shareholder-alert--brodsky--smith-llc-announces-investigation-of-the-board-of-directors-of-microfinancial-inc-regarding-the-sale-of-the-company---mfi-300010829.html

SOURCE Brodsky & Smith, LLC

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