MILWAUKEE, July 8, 2020 /PRNewswire/ -- Ademi &
O'Reilly, LLP is investigating National General (Nasdaq:
NGHC) for possible breaches of fiduciary duty and other
violations of the law in connection with the sale to
Allstate.
Click here to learn how to join the action:
http://ademilaw.com/case/national-general or call Guri Ademi toll-free at 866-264-3995.
There is no cost or obligation to you.
Ademi & O'Reilly, LLP alleges National General's financial
outlook is improving and yet shareholders will receive only will
receive $32.00 per share in cash from
Allstate, plus closing dividends expected to be $2.50 per share, providing $34.50 in total value per share. The merger
agreement unreasonably limits competing bids for National
General by prohibiting solicitation of further bids, and
imposing a termination penalty if National General accepts a
superior bid. National General insiders will receive millions
of dollars as part of change of control arrangements. We are
investigating the conduct of National General's board of directors,
and whether they are (i) fulfilling their fiduciary duties to all
shareholders, and (ii) obtaining a fair and reasonable price for
National General.
If you own common stock in National General and wish to
obtain additional information, please contact Guri Ademi either at gademi@ademilaw.com or
toll-free: 866-264-3995, or
http://ademilaw.com/case/national-general.
We specialize in shareholder litigation involving buyouts,
mergers, and individual shareholder rights throughout the country.
For more information, please feel free to call us. Attorney
advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi & O'Reilly, LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
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SOURCE Ademi & O'Reilly, LLP