EMC Insurance Group Inc.
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EMCI MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF EMC INSURANCE GROUP INC. IS FAIR TO SHAREHOLDERS – EMCI
May 10, 2019.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, announces it is investigating whether the sale of EMC Insurance Group Inc. (NASDAQ: EMCI) to Employers Mutual Casualty Company is fair to EMC shareholders.
The investigation concerns whether EMC and its Board of Directors violated the federal securities laws and/or their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for EMC shareholders; (2) determine whether Employers Mutual is underpaying for EMC; and (3) disclose all material information necessary for EMC shareholders to adequately assess and value the merger consideration. On behalf of EMC shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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