The Law Office of Joseph Klein Announces Investigation of Penn Millers Holding Corporation
09 Setembro 2011 - 12:18PM
Business Wire
The Law Office of Joseph Klein is investigating the Board of
Directors of Penn Millers Holding Corporation (NASDAQ: PMIC) for
possible breaches of fiduciary duty and other violations of state
law in connection with the sale of the Company to a subsidiary of
ACE Limited (NYSE: ACE). Under the terms of the proposed
transaction, ACE Limited will pay Penn Millers shareholders $20.50
per share in cash for a total transaction value of approximately
$107 million.
To receive more information, click here:
http://www.jkleinlawfirm.com/penn-millers-holding.html.
The investigation concerns whether the Penn Millers Board of
Directors breached their fiduciary duties to Penn Millers
stockholders by failing to adequately shop the Company before
entering into this transaction and whether ACE Limited is
underpaying for Penn Millers shares.
If you own common stock in Penn Millers and wish to obtain
additional information, please contact Joseph Klein, Esq. directly,
via email at jk@jkleinlawfirm.com, by telephone at 718-947-0005,
Toll Free: 877-STOK-180, or visit
http://www.jkleinlawfirm.com/penn-millers-holding.html.
Joseph Klein, Esq. is an experienced attorney and has also
practiced as a Certified Public Accountant. Mr. Klein represents
investors and participates in securities litigations involving
financial fraud throughout the nation. Attorney advertising. Prior
results do not guarantee similar outcomes.
Penn Millers Holding Corp. (MM) (NASDAQ:PMIC)
Gráfico Histórico do Ativo
De Ago 2024 até Set 2024
Penn Millers Holding Corp. (MM) (NASDAQ:PMIC)
Gráfico Histórico do Ativo
De Set 2023 até Set 2024
Notícias em tempo-real sobre Penn Millers Holding Corp. (MM) da NASDAQ bolsa de valores: 0 artigos recentes
Mais Notícias de The Law Office of Joseph Klein