NEW YORK, April 25, 2019 /PRNewswire/ -- WeissLaw LLP  is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Smart & Final Stores, Inc. ("SFS" or the "Company") (NYSE: SFS) in connection with the proposed acquisition of the Company by funds managed by affiliates of Apollo Global Management (the "Affiliates").  Under the terms of the agreement, shareholders of SFS will receive $6.50 in cash for each SFS share they own.

If you own SFS shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, please contact:

Joshua Rubin, Esq.
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY  10036
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com

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WeissLaw is investigating whether SFS's Board acted to maximize shareholder value prior to entering into the agreement.  Notably, at least one analyst set a target price of $8.00, or $1.50 above the cash consideration.  Additionally, SFS shares traded for $6.76 as recently as February.

Given these facts, WeissLaw is concentrating its investigation on whether SFS's Board conducted a fair process in agreeing to the proposed acquisition, whether the proposed acquisition undervalues the Company, and whether all material information related to the proposed acquisition is fully and fairly disclosed.   

WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties.  We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases.  If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com

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SOURCE WeissLaw LLP