The law firm of Federman & Sherwood has initiated an investigation into Force Protection Inc. [NASDAQ: FRPT] (“Force Protection”) with respect to possible breaches of fiduciary duty by the company’s officers and directors in connection with its proposed sale and merger with General Dynamics [NYSE: GD]. On November 7, 2011, General Dynamics announced that it has agreed to acquire Force Protection in an all-cash deal valued at $360 million. There is great concern among many shareholders that the sale price of $360 million has undervalued their investment in the company. Federman & Sherwood is investigating whether the sale offers adequate long-term value to the Company’s shareholders, and whether Force Protection could have received a higher valuation for its shareholders by aggressively seeking other purchasers. If the proposed merger is approved, Force Protection shareholders will only receive $5.52 per share, which is significantly lower than recent analyst reports setting the target price at nearly $8.00 per share. Federman & Sherwood is focusing its investigation on whether shareholders are receiving adequate payments for shares owned, given the fact that recent financial results have exceeded analysts’ predictions. If you currently own common stock in Force Protection, Inc., have information to assist in our investigation, or have any questions or concerns regarding this notice or preservation of your rights, please contact William B. Federman. Federman & Sherwood has extensive experience representing investors in securities, derivative and merger-related shareholder class actions in state and federal courts nationwide.
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