Fortress (FIG) Alert: Johnson & Weaver, LLP Launches an Investigation into the Fairness of Price and Process in Proposed Sale of Fortress Investment Group LLC; Is $8.08 a Fair Price?

SAN DIEGO, Feb. 15, 2017

On February 14, 2017, Fortress announced it had signed a definitive merger agreement with SoftBank. Under terms of the agreement, each Fortress Class A shareholder will receive $8.08 per share.

The investigation concerns whether the Fortress board failed to satisfy their duties to the Company shareholders, including whether the board adequately pursued alternatives to the acquisition and whether the board obtained the best price possible for Fortress shares of common stock.

If you are a shareholder of Fortress and believe the proposed buyout price is too low and you're interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker (jimb@johnsonandweaver.com) at 619-814-4471.

About Johnson & Weaver, LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.

Contact:
Johnson & Weaver, LLP
Jim Baker, 619-814-4471
jimb@johnsonandweaver.com