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The Briscoe Law Firm Investigates American Physicians Service Group, Inc. On Behalf Of Shareholders For Possible Breaches Of Fiduciary Duties By Its Officers And Directors

The Briscoe Law Firm, PLLC, founded by a former state prosecutor and enforcement attorney for the United States Securities and Exchange Commission, and the law firm of Powers Taylor, LLP are investigating potential legal claims against the Board of Directors of American Physicians Service Group, Inc. (“AMPH” or “Company”) (AMEX: AMPH) in connection with the recently announced sale of the Company to ProAssurance Corporation (NYSE: PRA). Under the terms of the proposed transaction, AMPH shareholders would receive only $32.50 per share, while at least one analyst recently valued the shares of AMPH at $35.00 per share. The investigation relates to possible breaches of fiduciary duty and other violations of state law by the Board of Directors of AMPH for approving this merger, whether the consideration to be received by the shareholders of American Physicians Service Group is fair, and whether AMPH’s Board of Directors acted in the shareholders’ best interests.

If you currently own or purchased American Physicians Service Group (AMPH) shares and would like additional information regarding this investigation, or if you have information regarding the allegations against American Physicians Service Group, please contact Patrick Powers at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at patrick@powerstaylor.com, or Willie Briscoe at The Briscoe Law Firm, PLLC toll free (877) 397-5991, or via email at WBriscoe@TheBriscoeLawFirm.com. There is no cost or fee to you.

The Briscoe Law Firm, PLLC is a full service business litigation, commercial transaction, and public advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor, LLP is a shareholder litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.



Copyright Business Wire 2010

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