NEW YORK, Feb. 5, 2014 /PRNewswire/ -- Bernstein Liebhard LLP is investigating whether American Financial Group, Inc. ("AFG") and the Board of Directors of National Interstate Corporation ("National Interstate" or the "Company") (NASDAQ: NATL) are breaching their fiduciary duties to National Interstate shareholders in connection with a proposed acquisition by AFG's wholly-owned subsidiary Great American Insurance Company.
Under the terms of the tender offer, National Interstate shareholders will receive $28.00 in cash for each share they own. The investigation is focused on the price offered to National Interstate shareholders by AFG and the process for consideration of the proposed transaction by the National Interstate Board of Directors.
If you are interested in discussing your rights as a National Interstate stockholder, with no obligation or cost to you, please contact U. Seth Ottensoser at:(877) 779-1414 or Ottensoser@bernlieb.com. Bernstein Liebhard LLP has pursued hundreds of securities, consumer and shareholder rights cases and recovered over $3 billion for its clients. It has been named to The National Law Journal's "Plaintiffs' Hot List" in each of the last eleven years. Bernstein Liebhard LLP 10 East 40th Street New York, New York 10016 (877) 779-1414 www.bernlieb.com ATTORNEY ADVERTISING. © 2014 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin. Prior results do not guarantee or predict a similar outcome with respect to any future matter. SOURCE Bernstein Liebhard LLP