The National Security Group, Inc.

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NATIONAL SECURITY GROUP (NSEC) STOCK INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF THE NATIONAL SECURITY GROUP, INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – NSEC

January 28, 2022.

New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of The National Security Group, Inc. (NASDAQ: NSEC) to VR Insurance Holdings, Inc. for $16.35 per share in cash is fair to National Security Group shareholders.

The investigation concerns whether National Security Group and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for National Security Group shareholders; (2) determine whether VR Insurance is underpaying for National Security Group; and (3) disclose all material information necessary for National Security Group shareholders to adequately assess and value the merger consideration. On behalf of National Security Group 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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