Financial Engines, Inc. (NASDAQ: FNGN) Investor Investigation Over possible Wrongdoing In Acquisition Announced

Investors who purchased shares of Financial Engines, Inc. (NASDAQ: FNGN) and currently hold any of those NASDAQ: FNGN shares have certain options and should contact the Shareholders Foundation, Inc.

To have your information reviewed for options and to recieve notifications about this investigation, please use this form. You may also send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.
Company Name(s): 
Financial Engines
Affected Securities: 
NASDAQ: FNGN

An investigation on behalf of investors, who currently hold shares of Financial Engines, Inc. (NASDAQ: FNGN), was announced concerning whether the takeover of Financial Engines, Inc. by Hellman & Friedman is unfair to NASDAQ: FNGN stockholders.

The investigation by a law firm concerns whether certain officers and directors of Financial Engines, Inc. breached their fiduciary duties owed to NASDAQ: FNGN investors in connection with the proposed acquisition.

Sunnyvale, CA based Financial Engines, Inc. provides independent technology-enabled financial advisory, discretionary portfolio management, personalized investment advice, financial and retirement income planning, and financial education and guidance services in the United States. On April 30, 2018, Financial Engines (NASDAQ:FNGN) announced that it has signed a definitive agreement to be acquired by funds affiliated with Hellman & Friedman in an all-cash transaction that values Financial Engines at an aggregate value of approximately $3.02 billion. Under the terms of the agreement, Financial Engines shareholders will receive $45.00 per share in cash upon the closing of the transaction.

However, the investigation concerns whether the offer is unfair to NASDAQ: FNGN stockholders. More specifically, the investigation concerns whether the Financial Engines Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

Financial Engines, Inc. reported that its annual Total Revenue rose from $423.93 million in 2016 to $480.5 million in 2017 and that its Net Income increased from $28.56 million in 2016 to $46.66 million in 2017.

Shares of Financial Engines, Inc. (NASDAQ: FNGN) closed on May 4, 2018, at $44.45 per share.