Finkelstein Thompson LLP is investigating potential shareholder claims arising from the proposed acquisition of FiberNet Telecom Group, Inc. ("FiberNet or the "Company") (NASDAQ: FTGX) by Zayo Group, LLC ("Zayo Group").  Under the terms of the merger agreement, FiberNet shareholders will receive $11.45 per share, subject to potential adjustment under the merger agreement. 

The investigation is focused on the potential unfairness of the merger price and of the process by which the FiberNet Board of Directors approved the agreement.  Specifically, the investigation is examining whether or not the Board fulfilled its fiduciary duties in failing to accept and recommend approval of a superior offer from another bidder, RCN Corp., which has indicated its willingness to pay as much as $12.50 per share for FiberNet. 

If you are interested in discussing your rights as a FiberNet shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, DC offices at (877) 337-1050 or by email at This email address is being protected from spam bots, you need Javascript enabled to view it .