Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor, LLP are investigating the sale of KBW, Inc. (“KBW”) (NYSE: KBW) to Stifel Financial for shareholders. Under the proposed deal valued at approximately $575 million, KBW shareholders will only receive consideration of $17.50 per share of KBW stock owned, comprised of $10.00 per share in cash and $7.50 per share of Stifel common stock. Notably, the proposed sale price is well below at least one analyst’s estimated value of $22.00 per share.

If you are an affected investor, and you want to learn more about the lawsuit or join the action, contact Patrick Powers at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at, or Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 706-9314, or via email at There is no cost or fee to you.

The KBW sale investigation centers on whether KBW’s shareholders are receiving adequate compensation for their shares in the buyout, whether the transaction undervalues KBW’s stock, and whether KBW’s board attempted to obtain the highest share price for all shareholders prior to agreeing to the deal. According to an analyst with Yahoo! Finance, the true inherent value of KBW could be as high as $22.00 per share, well above the proposed price of $17.50. Shareholder rights attorney Willie Briscoe stated that “we believe that this transaction may undervalue KBW’s stock, so our lawsuit will seek to obtain the highest share price for all shareholders.”

The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.

Copyright Business Wire 2010