Law Offices of Howard G. Smith Announces Investigation of M&F Worldwide Corp.

Law Offices of Howard G. Smith announces that it is investigating potential claims against the board of directors of M&F Worldwide Corp. (“MFW” or the “Company”) (NYSE: MFW) related to the announcement that MacAndrews & Forbes Holdings Inc. has proposed a transaction to acquire the remaining shares of MFW. Under the proposed transaction MFW shareholders will receive $24.00 per share in a cash for stock transaction.

The investigation concerns whether the board of directors of MFW breached their fiduciary duties to stockholders in connection with the proposed transaction and whether the Company has disclosed all material information to shareholders about the transaction. Specifically, the Company has seen substantial growth over the past year. The Company’s net income rose from a net loss of $4.2 million in 2007 to a net income of $120.9 million in 2010. Additionally, the Company’s stock traded as high as $26.38 per share as recently as April 7, 2011, meaning that MFW shareholders will be receiving a discount if the deal is completed. MacAndrews & Forbes Holdings Inc. already owns approximately 43% of the Company’s outstanding stock.

If you are a shareholder of MFW, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.

M & F (NYSE:MFW)
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