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Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Financial Engines, Inc. (NASDAQGS: FNGN) to funds affiliated with Hellman & Friedman for $45.00 per share.
The investigation concerns whether the Board of Financial Engines breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Hellman & Friedman is underpaying for Financial Engines shares, thus unlawfully harming Financial Engines shareholders.
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