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J. Alexander's Holdings, Inc.

Securities Class Action

Overview
  • Date:
  • 10/23/2017
  • Company Name:
  • J. Alexander's Holdings, Inc.
  • Stock Symbol:
  • JAX
  • Status:
  • Closed/Complete

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NEW YORK, October 23, 2017 – Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of J. Alexander's Holdings, Inc. (NYSE: JAX) stockholders concerning J. Alexander’s merger with 99 Restaurants, LLC, a company owned by Fidelity National Financial, Inc. (FNFV).

The investigation concerns whether JAX’s board of directors failed to obtain the best possible value for J Alexander’s stockholders before entering into a definitive merger agreement with FNFV.  One of JAX’S largest shareholders, Marathon Partners Equity Management, LLC, has announced its opposition to the transaction, calling it one of the “most one-sided, conflicted deals we have seen in 25 years of investing.”

If you own JAX shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.

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