The Law Office Of Abe Shainberg Announces An Investigation Into The Possible Breaches Of Fiduciary Duty By The Board Of American Physicians Service Group Inc. In Connection With Sale To ProAssurance Corporation - AMPH
The Law Office of Abe Shainberg is investigating the Board of Directors of American Physicians Service Group Inc. (NasdaqCM: AMPH) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to ProAssurance Corporation (NYSE: PRA). Under the terms of the deal, AMPH shareholders will receive $32.50 in cash per share for a total transaction value of approximately $221 million.
The investigation concerns whether the AMPH Board of Directors breached their fiduciary duties to AMPH stockholders by failing to adequately shop the Company before entering into this transaction and whether ProAssurance is underpaying for AMPH shares. At least one analyst set a price target for AMPH stock at $35.00 per share.
If you own common stock in AMPH and wish to obtain additional information, please contact Abe Shainberg, Esq. either via email at email@example.com or by telephone at (212) 425-7286, or visit http://www.ashainberglaw.com/american-physicians-amph.html.
Mr. Shainberg has expertise in prosecuting investor securities
litigation, is a certified and registered arbitrator and mediator
involving financial matters, and represents investors in various matters
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV