Press release
Lawsuit filed for Investors who SOLD shares of Focus Financial Partners Inc. (formerly NASDAQ: FOCS)

A lawsuit was filed on behalf of certain Sellers of Focus Financial Partners Inc. (formerly NASDAQ: FOCS) shares.
If you Sold a significant amount of shares of Focus Financial Partners Inc. (formerly NASDAQ: FOCS) between February 27, 2023 and August 31, 2023, you have certain options and for certain investors are short and strict deadlines running. Deadline: March 4, 2024. Former NASDAQ: FOCS investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
Focus Financial Partners Inc. holds ownership interests in independent fiduciary wealth management firms providing investment and financial services to high and ultra-high net worth individuals and families. Prior to the Merger, private equity firm Stone Point Capital LLC ("Stone Point") held approximately 20.6% of Focus Financial's voting power and appointed two members to the Company's board of directors (the "Board").
On February 27, 2023, Focus Financial Partners Inc. (NASDAQ:FOCS), Clayton, Dubilier & Rice, LLC ("CD&R") and Stone Point Capital LLC ("Stone Point") announced that Focus Financial Partners Inc and CD&R have entered into an agreement for Focus Financial Partners Inc to be acquired by affiliates of CD&R in an all-cash transaction valued at an enterprise value of over $7 billion. The proposed transaction delivers substantial value to Focus' stockholders, who received $53 in cash per share.
According to the complaint the plaintiff alleges on behalf of certain Sellers of Focus Financial Partners Inc. (formerly NASDAQ: FOCS) common shares, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that the defendants materially misrepresented the sale process leading up to the Merger by, among other things, omitting that they failed to adequately solicit potential strategic acquirors for Focus Financial. Contrary to Defendants' public statements concerning the Merger, including in the definitive shareholder proxy statement filed on June 12, 2023, the sale process allegedly was not "thorough" because strategic buyers were not adequately canvassed by Defendants, the one strategic buyer that broke through was denied critical due diligence and its higher-priced merger proposal was rejected. As alleged in the complaint, Stone Point preferred a transaction with CD&R, as opposed to the strategic acquiror that was prepared to offer more to Focus shareholders, given Stone Point's interest in obtaining a more lucrative equity rollover into a private equity firm.
Those who SOLD shares of Focus Financial Partners Inc. (formerly NASDAQ: FOCS) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Lawsuit filed for Investors who SOLD shares of Focus Financial Partners Inc. (formerly NASDAQ: FOCS) here
News-ID: 3354783 • Views: …
More Releases from Shareholders Foundation

Investigation announced for Long-Term Investors in shares of West Pharmaceutical …
An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of West Pharmaceutical Services, Inc..
Investors who are current long term investors in West Pharmaceutical Services, Inc. (NYSE: WST) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in (NYSE: WST stocks follows a lawsuit filed…

Investigation announced for Long-Term Investors in Open Lending Corporation (NAS …
An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Open Lending Corporation.
Investors who are current long term investors in Open Lending Corporation (NASDAQ: LPRO) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NASDAQ: LPRO stocks follows a lawsuit filed against Open…

Investigation announced for Long-Term Investors in shares in BigBear.ai Holdings …
An investigation on behalf of current long-term investors in shares of BigBear.ai Holdings, Inc. (NYSE: BBAI) concerning potential breaches of fiduciary duties by certain directors and officers of BigBear.ai Holdings, Inc. was announced.
Investors who are current long term investors in BigBear.ai Holdings, Inc. (NYSE: BBAI) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm…

Lawsuit filed for Investors who lost money with shares of DoubleVerify Holdings, …
An investor, who purchased shares of DoubleVerify Holdings, Inc. (NYSE: DV), filed a lawsuit over alleged violations of Federal Securities Laws by DoubleVerify Holdings, Inc. in connection with certain allegedly false and misleading statements.
Investors who purchased shares of DoubleVerify Holdings, Inc. (NYSE: DV) have certain options and for certain investors are short and strict deadlines running. Deadline: July 21, 2025. NYSE: DV investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com…
More Releases for Focus
Precision in Focus: Improving Photography with ZHAOWEI Camera Focus Adjustment D …
In the field of static photography and shoot recording, where every detail is meticulously captured. Adjusting the appropriate distance and focus is crucial for capturing the perfect scene in various types of photography, including macro photography, landscape photography, wildlife photography, etc. One common challenge for photographers is how to adjust the camera focus accurately and stably. ZHAOWEI [https://www.zwgearbox.com/], one of China's leading micro-drive systems manufacturers launches a reliable Camera Focus…
Customer Focus – Interserve
Interserve, one of the world's foremost support services and construction companies has been using TEAM Sigma Software since 2011 and has successfully adopted one of TEAM's latest software developments, Sigma Energy Viewer.
Interserve Consultancy (part of Interserve Construction) currently manages over 400 Interserve sites and recently Interserve made a conscious decision to move to the next generation of TEAM software solutions - TEAM Sigma Cloud.
About TEAM Sigma Cloud
TEAM Sigma Cloud utilises…
FOCUS: Smart Grid
Smart Grid technology has the capacity to increase energy efficiency by improving awareness among consumers about the connection between electricity use and the environment. On Nov. 21, leading experts from the U.S. and Germany will convene at the German Center for Research and Innovation (GCRI) to discuss the technology’s past successes and future challenges.
NEW YORK (November 14, 2013) – After sequential hurricanes in 2011 and 2012, New Yorkers experienced…
Focus on Abrasive Cutting
In the process of abrasive waterjet cutting, the focusing tube is a vital component. After all it is in this tube where high pressure water and abrasive are focused to an efficient cutting jet. During this procedure, the physical processes in the tube crucially affect the final speed and precision of the cutting jet as well as the kerf width at the workpiece. However, which factors influence the functionality of…
Focus Softnet Unveils Advanced Features For Focus i At GITEX Saudi Arabia 2011
In addition to promoting its flagship ERP solutions, Focus Softnet is also showcasing its customised enterprise solutions for different verticals at the niche technology exhibition.
Riyadh, Kingdom of Saudi Arabia, May 16, 2011: Focus Softnet, the leading software development company, today announced the launch of the latest version of its best-selling Enterprise Resource Planning (ERP) solution - Focus i at GITEX Saudi Arabia 2011. The company is also promoting its latest…
Focus: Smart Grid
New York (November 15, 2010) – The German Center for Research and Innovation (GCRI), in cooperation with the German American Chambers of Commerce (GACC), will host a roundtable discussion on the technology, policy and business outlook of intelligent energy management systems. The event will take place on Thursday, November 18, from 6:30 to 8:30 P.M., at the German House New York (871 United Nations Plaza, First Avenue, btw. 48th &…