NASDAQ: FRG, FRGAP

Franchise Group, Inc.

Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Franchise Group, Inc. (NASDAQ: FRG, FRGAP) resulting from allegations that Franchise Group may have issued materially misleading business information to the investing public.

If you purchased Franchise Group securities and would like to join the prospective action, please click “Join This Class Action.”

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If you purchased Franchise Group securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of investigation:

On May 10, 2023, Franchise Group announced that it would be acquired by Freedom VCM, Inc., an investment consortium that includes Franchise Group’s CEO, at a price of $30.00 per share – less than a 4% premium to the stock’s closing price the prior day. Following the closing of the proposed transaction, Franchise Group investors will be cashed out of their investment position and the company’s shares will no longer be publicly traded.

On this news, Franchise Group’s stock price fell $0.23 per share, or 0.78%, to close at $29.10 per share on May 11, 2023.

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Company Name: Franchise Group, Inc.
Stock Symbol: FRG, FRGAP
Class Period: N/A
Court: N/A
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