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Bernstein Liebhard LLP is investigating whether the Board of Directors of SFN Group, Inc. (“SFN Group” or the “Company”) (NYSE:SFN) breached its fiduciary duty to its shareholders in agreeing to sell SFN Group to Randstad Holding NV.
Under the terms of the agreement, SFN Group shareholders will receive $14 in cash for each share they own. The investigation is focused on the potential unfairness of the price to SFN Group shareholders and the process by which the SFN Group Board of Directors considered and approved the transaction.