National General Holdings Corp.
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NATIONAL GENERAL MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF NATIONAL GENERAL HOLDINGS CORP. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM
July 8, 2020.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of National General Holdings Corp. (NASDAQ: NGHC) to The Allstate Corporation for $34.50 per share is fair to National General shareholders. On behalf of National General shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
The investigation concerns whether National General and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to: (1) obtain the best possible consideration for National General shareholders; (2) determine whether Allstate is underpaying for National General; and (3) disclose all material information necessary for National General shareholders to adequately assess and value the proposed transaction.
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