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TMCNet:  Law Offices of Howard G. Smith Announces Investigation of GFI Group Inc.

[August 08, 2014]

Law Offices of Howard G. Smith Announces Investigation of GFI Group Inc.

BENSALEM, Pa. --(Business Wire)--

Law Offices of Howard G. Smith announces that it is investigating potential claims against the Board of Directors of GFI Group Inc ("GFI" or the "Company") (NYSE:GFIG) related to the proposed acquisition of the Company by CME Group Inc ("CME"). The transaction is valued at approximately $580 million and under the terms of the agreement, GFI shareholders are to receive $4.55 per share in CME Class A Common Stock.

This investigation concerns whether the Board of Directors of GFI breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the proposed transaction, and whether the Company has disclosed all material information to shareholders about the transaction.

If you are a shareholder of GFI, if you have information or would like to learn more about our investigation, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.


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