WASHINGTON, July 6, 2009 (GLOBE NEWSWIRE) -- Finkelstein Thompson LLP is investigating potential shareholder claims arising from the proposed acquisition of FCStone Group, Inc. ("FCStone" or the "Company") (Nasdaq:FCSX) by International Assets Holding Corp. ("International Assets" or the "Company") (Nasdaq:IAAC). Under the terms of the proposed merger, FCStone shareholders will receive 0.2950 of a share of International Assets common stock for each share of FCStone common stock owned. This proposed exchange ratio represents an offer price of $4.64 per share based on both companies' closing prices on July 1, 2009.
The investigation is focused on the potential unfairness of the proposed merger price and of the process by which the FCStone Board of Directors is addressing the offer. Notably, the Company's shares traded at $5.45 as recently as June 22, 2009 and over $19 per share in the fourth quarter of 2008.
If you are interested in discussing your rights as an FCStone shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, DC offices at (877) 337-1050 or by email at contact@finkelsteinthompson.com.
Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in connection with securities and other finance-related litigation, and has been appointed as lead or co-lead counsel in dozens of shareholder class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers. To learn more about Finkelstein Thompson LLP, please visit our web site at www.finkelsteinthompson.com.