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JMP Group LLC Investigation
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JMP Group LLC Investigation

We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of JMP Group LLC (“JMP Group” or the “Company”) (NYSE:JMP) in connection with the proposed acquisition of the Company by Citizens Financial Group Inc. (NYSE: CFG).  Under the terms of the merger agreement, the Company’s shareholders will receive $7.50 per share in cash for each share of JMP Group common stock that they hold.  The transaction is valued at approximately $149 million.

WeissLaw LLP is investigating whether (i) JMP Group’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $7.50 per-share merger consideration adequately compensates JMP Group’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.

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