ASTA FUNDING INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Asta Funding, Inc. - ASFI

and the law firm of Kahn Swick & Foti, LLC (KSF) are investigating the proposed sale of Asta Funding, Inc. (NasdaqGS: ASFI) to Stern Group.

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Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Tuesday, April 21, 2020
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Tags: 
Legal, Professional services, Given names, Foti, KSF, ASTA, ASTA
Geotags: 
LOUISIANA, United States
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Summary
Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (KSF) are investigating the proposed sale of Asta Funding, Inc. (NasdaqGS: ASFI) to Stern Group.
  • Under the terms of the proposed transaction, shareholders of Asta will receive only $11.47 in cash for each share of Asta that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .


Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Asta Funding, Inc. (NasdaqGS: ASFI) to Stern Group. Under the terms of the proposed transaction, shareholders of Asta will receive only $11.47 in cash for each share of Asta that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ([email protected]) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgs-asfi/ to learn more.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

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