Bull & Lifshitz, LLP announces an investigation into possible breaches of fiduciary duty in connection with the proposed acquisition of American Physicians Capital Inc. (NASDAQ:
) (referred to as "APCapital" or the “Company”) by The Doctors Company (referred to as "Doctors") in a cash transaction with a value of approximately $386 million.
Under the terms and conditions of the merger agreement, APCapital stockholders will receive $41.50 in cash for each APCapital share of common stock they own.
Bull & Lifshitz, LLP's investigation is focused on whether the Board of Directors breached their fiduciary duties to APCapital stockholders by failing to adequately shop the Company before entering into this transaction and whether the proposed deal provides adequate value to the Company’s shareholders.
If you are a holder of APCapital stock and want to discuss your legal rights, you may e-mail or call Bull & Lifshitz, LLP who will, without obligation or cost to you, attempt to answer your questions.
If you are a shareholder of APCapital and would like more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (866) 313-6222 or by sending an e-mail including your contact information to:
. All e-mail correspondence should make reference to APCapital.
Bull & Lifshitz, LLP is a New York City-based law firm with significant experience representing investors in merger-related shareholder class actions, shareholder derivative actions, and securities fraud class actions. For more information about the firm, please visit our website at
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Street, New York, New York 10017, (212) 213-6222. Prior results do not guarantee or predict a similar outcome with respect to any future matter