Newman Ferrara LLP has begun an investigation into potential claims against the Board of Directors of Fortegra Financial Corporation (“Fortegra”) (NYSE: FRF) concerning its proposed sale to Tiptree Financial Inc. (“Tiptree”).

On August 12, 2014, Fortegra announced that it had entered into an agreement and plan of merger to be acquired by Tiptree in an all-cash transaction valued at approximately $218 million. Under the terms of the agreement, Fortegra stockholders will receive $10.00 in cash for each share of Fortegra stock owned. Fortegra’s Board of Directors has unanimously approved the proposed transaction and expects it to close in late 2014 or early 2015.

Newman Ferrara’s investigation concerns whether Fortegra’s Board of Directors has breached its fiduciary duties to act in the best interests of Fortegra’s stockholders. The investigation focuses on the potential unfairness of the consideration being provided to Fortegra’s stockholders and the process by which Fortegra’s Board of Directors considered and approved the proposed deal.

Concerned investors may contact Newman Ferrara attorney Roy Shimon at rshimon@nfllp.com to discuss this investigation, their rights, or potential remedies.

Newman Ferrara maintains a multifaceted practice based in New York City with attorneys specializing in complex commercial and multi-party litigation, securities fraud and shareholder litigation, consumer protection, civil rights, and real estate. For more information, please visit the firm website at www.nfllp.com.