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The Law Office Of Joseph Klein Investigates Possible Breach Of Fiduciary Duty By The Board Of American Physicians Capital, Inc. - ACAP

The Law Office of Joseph Klein is investigating the Board of Directors of American Physicians Capital Inc. (“AP Capital” or the “Company”) (NasdaqGS: ACAP) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to The Doctors Company ("Doctors Company"). Under the terms of the transaction, AP Capital shareholders will receive $41.50 in cash for each AP Capital share of common stock they own for a total transaction value of approximately $386 million.

The investigation focuses on whether the AP Capital Board of Directors breached their fiduciary duties to AP Capital stockholders by failing to adequately shop the Company before entering into this transaction and whether Doctors Company is underpaying for AP Capital shares, thus unlawfully harming AP Capital stockholders.

If you own AP Capital shares and wish to obtain additional information about this investigation and what is being done to advance the shareholders’ interests, please contact Joseph Klein, Esq. directly, via email at jk@kleinstocklaw.com, by telephone at (718) 947-0005 or http://www.jkleinlawfirm.com/american-physicians.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.



Copyright Business Wire 2010

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