Press release from PR Newswire
INVESTOR ALERT: The Law Offices of Vincent Wong Investigates the Sale of Eastern Insurance Holdings, Inc. to ProAssurance Corporation -- EIHI
Thursday, October 03, 2013
INVESTOR ALERT: The Law Offices of Vincent Wong Investigates the Sale of Eastern Insurance Holdings, Inc. to ProAssurance Corporation -- EIHI13:28 EDT Thursday, October 03, 2013
NEW YORK, Oct. 3, 2013 /PRNewswire/ -- The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Eastern Insurance Holdings, Inc. (NasdaqGM: EIHI) ("Eastern Insurance") regarding possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to ProAssurance Corporation (NYSE: PRA).
Under the terms of the transaction, Eastern Insurance shareholders will receive $24.50 for each share of Eastern Insurance stock they own. The transaction has a total approximate value of $205 million. The investigation concerns whether the Eastern Insurance Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the Company to obtain the best possible value for Eastern Insurance shareholders.
If you own common stock in Eastern Insurance and wish to obtain additional information, please contact Vincent Wong, Esq. either via email email@example.com, by telephone at 212.425.1140, or visit http://wongesq.9nl.me/eastern-insurance-holdings/.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Vincent Wong, Esq.39 East BroadwaySuite 304New York, NY 10002Tel. 212.425.1140Fax. 866.699.3880E-Mail: firstname.lastname@example.org
SOURCE The Law Offices of Vincent Wong