SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation into
Possible Breaches of Fiduciary Duty by the Board of Jefferies Group, Inc. in
Connection with the Sale of the Company to Leucadia National Corp.
NEW YORK -- November 14, 2012
Levi & Korsinsky is investigating the Board of Directors of Jefferies Group,
Inc. (“Jefferies” or the “Company”) (NYSE: JEF) for possible breaches of
fiduciary duty and other violations of state law in connection with the sale
of the Company to its largest shareholder, Leucadia National Corp. (NYSE:
Click here to learn more about the investigation
http://zlk.9nl.com/jefferies-group-jef, or call: 877-363-5972. There is no
cost or obligation to you.
Under the terms of the transaction, Jefferies shareholders will receive 0.81
Leucadia shares for each share of Jefferies stock they own, representing an
approximate value of $17.24 per share. The transaction has a total approximate
value of $2.76 billion. Jefferies CEO Richard Handler, who possesses the third
largest stake in Jefferies, will stay on as CEO after the merger. The
investigation concerns whether the Jefferies Board of Directors breached their
fiduciary duties to stockholders by failing to adequately shop the Company
before entering into this transaction and whether Leucadia National Corp. is
underpaying for Jeffries shares, thus unlawfully harming Jefferies
stockholders. In particular,at least one analyst set a price target of $19.00
per Jefferies share.
If you own common stock in Jefferies and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email at
firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or
Levi & Korsinsky is a national firm with offices in New York and Washington
D.C. The firm has extensive expertise in prosecuting securities litigation
involving financial fraud, representing investors throughout the nation in
securities and shareholder lawsuits. The attorneys at Levi & Korsinsky have
been appointed by numerous courts throughout the country to serve as lead
counsel on behalf of shareholders in major securities lawsuits and have
successfully recovered multimillion-dollar damages awards on behalf of
investors. For more information, please feel free to contact any of the
attorneys listed below. Attorney advertising. Prior results do not guarantee
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
Toll Free: 877-363-5972
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