April 24, 2017 (Shareholders Foundation) - An investigation on behalf of investors, who currently hold shares of KCG Holdings, Inc. (NYSE:KCG), was announced concerning whether the takeover of KCG Holdings, Inc. by Virtu Financial, Inc. for $20.00 per share is unfair to NYSE:KCG stockholders.

The investigation by a law firm concerns whether certain officers and directors of KCG Holdings, Inc. breached their fiduciary duties owed to NYSE:KCG investors in connection with the proposed acquisition.

On April 20, 2017, KCG Holdings, Inc. (NYSE:KCG) announced that it has reached a definitive agreement for Virtu Financial, Inc. (NASDAQ: VIRT) to acquire all outstanding shares of KCG's Class A Common Stock for $20.00 per share in cash.

However, the investigation concerns whether the offer is unfair to NYSE:KCG stockholders. More specifically, the investigation concerns whether the KCG Holdings Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

Shares of KCG Holdings, Inc. Class A (NYSE:KCG) closed on April 24, 2017 at $19.73 per share.