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Robbins Arroyo LLP Is Investigating the Officers and Directors of Federal-Mogul Holdings Corporation (FDML) on Behalf of Shareholders

Shareholder rights law firm Robbins Arroyo LLP is investigating whether certain officers and directors of Federal-Mogul Holdings Corporation (NASDAQGS: FDML) breached their fiduciary duties in connection with Icahn Enterprises, L.P.'s tender offer to acquire all outstanding shares of the company. Federal-Mogul supplies various components, accessories, and systems to the manufacturers and servicers of vehicles and equipment worldwide.

View this press release on the law firm's Shareholder Rights Blog:

Federal-Mogul Agrees to Potentially Unfair Tender Offer

On September 6, 2016, Federal-Mogul announced that its board of directors agreed to sell the company to Icahn Enterprises through a tender offer at a price of just $9.25, only a one cent premium over the prior day's closing price. Notably, Icahn Enterprises currently holds 82% of Federal-Mogul's stock. Further, more than half of Federal-Mogul's board of directors is or has been associated with various Icahn branded entities.

Federal-Mogul Shareholders Have Legal Options

Concerned shareholders who would like more information about their rights and potential remedies can contact attorney Darnell R. Donahue at (800) 350-6003,, or via the shareholder information form on the firm's website.

Robbins Arroyo LLP is a nationally recognized leader in shareholder rights law. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested.

Attorney Advertising. Past results do not guarantee a similar outcome.


Robbins Arroyo LLP
Darnell R. Donahue
(619) 525-3990 or Toll Free (800) 350-6003

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