ASTA FUNDING INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Asta Funding, Inc. - ASFI

Apr 21, 2020

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Asta Funding, Inc. (NasdaqGS: ASFI) to Stern Group. Under the terms of the proposed transaction, shareholders of Asta will receive only $11.47 in cash for each share of Asta that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

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