Brodsky & Smith Investigates Major Companies for Breach of Fiduciary Duties
Bala Cynwyd, Friday, 14 November 2025.
Brodsky & Smith announces investigations into Golden Entertainment, Brighthouse Financial, Forge Global Holdings, and Hologic to determine if their boards breached fiduciary duties in recent acquisitions.
Overview of Investigations
On November 14, 2025, Brodsky & Smith, a distinguished law firm, announced investigations into several companies to scrutinize whether their boards breached fiduciary duties during recent acquisition deals. The companies under investigation are Golden Entertainment, Inc. (Nasdaq: GDEN), Brighthouse Financial, Inc. (Nasdaq: BHF), Forge Global Holdings, Inc. (NYSE: FRGE), and Hologic, Inc. (Nasdaq: HOLX) [1].
Golden Entertainment and Brighthouse Financial
Golden Entertainment is under investigation for its sale-leaseback transaction involving Blake L. Sartini and VICI Properties Inc. The inquiry focuses on whether the board breached its fiduciary duties to shareholders by not ensuring a fair process. Similarly, Brighthouse Financial is being acquired by an affiliate of Aquarian Capital LLC for $70 per share, raising questions about the fairness of the deal and whether the board acted in the best interest of its shareholders [1].
Forge Global Holdings and Hologic
Forge Global Holdings is being acquired by Charles Schwab Corporation for $45 per share. The investigation examines potential breaches of fiduciary duties by the Forge board. Meanwhile, Hologic’s acquisition by Blackstone involves an all-cash transaction of $76 per share, plus a contingent value right (CVR) of up to $3 per share. This investigation questions whether Hologic’s board conducted a fair process and if the deal provides fair value to shareholders [1].
Implications for Shareholders
These investigations by Brodsky & Smith are crucial for shareholders, as they seek to ensure transparency and fairness in corporate governance. The outcomes could significantly impact shareholder value and the market performance of these companies. Shareholders are advised to stay informed about the proceedings to understand the potential legal ramifications and financial implications [1].