Abbott Cooper probes Finance of America board for fiduciary duty breaches

Reuters
Feb 28
Abbott Cooper probes Finance of America board for fiduciary duty breaches

A law firm has opened an investigation into potential breaches of fiduciary duty by the board of Finance of America Companies Inc., focusing on whether directors met their obligations to stockholders, including the duty of loyalty. The firm is inviting stockholders to contact it to discuss their legal rights and says it is handling the matter on a contingency-fee basis.

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