SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of an Investigation into the Fairness of the Acquisition of Franchise Group, Inc. by Freedom VCM, Inc.

NEW YORK, May 24, 2023 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Franchise Group, Inc. (NASDAQ: FRG).

The Gross Law Firm has commenced an investigation into the fairness of the acquisition of Franchise Group by Freedom VCM, Inc. ("Freedom"). On May 11, 2023, the Company announced that it had entered into an agreement and plan of merger (the "Merger") with Freedom, a consortium that includes Franchise Group's CEO Brian Kahn, B. Riley Financial, and Irradiant Partners. As a result of the Merger, Franchise Group stockholders are anticipated to receive only $30.00 per share in cash in exchange for each share of Franchise Group. Our investigation concerns whether the executives, directors, and controlling stockholders of Franchise Group have harmed stockholders by causing the Company to agree to the Merger, and whether all material facts have been properly disclosed to stockholders.

FRANCHISE GROUP, INC. SHAREHOLDERS SHOULD CONTACT US HERE:
https://securitiesclasslaw.com/mna/franchise-group-information-request-form/

WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: [email protected]
Phone: (646) 453-8903

SOURCE The Gross Law Firm

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