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The First Marblehead Corporation (NYSE:FMD) Investor Files Lawsuit Over Alleged Breaches Of Fiduciary Duties By Directors

  • If you purchased shares of the First Marblehead Corporation (NYSE:FMD) in 2011 or earlier and currently hold any of those NYSE:FMD shares, you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Lawsuit Overview

October 25, 2013 (Shareholders Foundation) - An investor who currently holds NYSE:FMD shares filed a lawsuit against certain directors of The First Marblehead Corporation over alleged breaches of fiduciary duties. The plaintiff alleges that the defendants exposed The First Marblehead Corporation and its shareholders to a $300 million tax adjustment that is 3.5 times The First Marbleh...



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