Investigation of Potential Action on Behalf of Current FBL Financial Group, Inc. (NYSE: FFG) Shareholders
FBL Financial Group, Inc. (“FBL Financial”) through its subsidiaries, sells individual life insurance and annuity products. The Annuity segment sells various traditional annuity products that primarily consist of fixed rate and indexed annuities, and supplementary contracts.
Kessler Topaz Meltzer & Check, LLP (“Kessler Topaz”) is investigating claims on behalf of current shareholders of FBL Financial. On January 11, 2021, FBL Financial announced that it had agreed to be acquired by Farm Bureau Property & Casualty Insurance Company (“FBPCIC”) at a price of $56.00 per share in cash. Kessler Topaz’s investigation seeks to determine whether the proposed transaction provides adequate compensation to FBL Financial stockholders, and whether FBL Financial’s officers and/or directors violated securities laws or breached their fiduciary duties to FBL Financial stockholders in connection with the agreement to be acquired by FBPCIC.
If you currently own shares of FBL Financial Group, Inc. (NYSE: FFG), and would like to learn more about our investigation, please fill out our online form or contact James Maro at (484) 270-1453; toll free at (844)-887-9500; or via email at info@ktmc.com.