Faruqi & Faruqi, LLP Launches an Investigation against Ambac Financial Group (AMBC) for Potential Breaches of Fiduciary Duties by Its Board of Directors Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Ambac Financial Group Business Wire NEW YORK -- November 14, 2013 Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Ambac Financial Group (“Ambac” or the “Company”) (NasdaqGS:AMBC) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders’ approval for Ambac’s 2013 Incentive Compensation Plan. Specifically, in the Proxy Statement filed by the Company with the Securities and Exchange Commission on November 8, 2013, the Board of Directors recommends that Ambac’s shareholders vote to approve an amendment to the 2013 Incentive Compensation Plan to increase the number of shares issuable under the plan by up to 4,000,000. The issuance of the additional shares could have a substantial dilutive effect on the shares of Ambac common stock. Request more information now by clicking here: www.faruqilaw.com/AMBC. There is no cost or obligation to you. Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm’s clients. To keep track of the latest securities litigation news, follow us on Twitter at www.twitter.com/MergerActivity or on Facebook at www.facebook.com/FaruqiLaw. If you own common stock in Ambac and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/AMBC or contact Juan E. Monteverde, Esq. either via e-mail at email@example.com or by telephone at (877) 247-4292 or (212) 983-9330. Attorney Advertising. (C) 2013 Faruqi & Faruqi, LLP. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We are happy to discuss your particular case. Contact: Faruqi & Faruqi, LLP 369 Lexington Avenue, 10th Floor New York, NY 10017 Attn: Juan E. Monteverde, Esq. firstname.lastname@example.org Toll Free: 877-247-4292 Phone: 212-983-9330
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Faruqi & Faruqi, LLP Launches an Investigation against Ambac Financial Group (AMBC) for Potential Breaches of Fiduciary Duties
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