New York, New York, Jul 09, 2020 (Newsfile Corp via COMTEX) -- New York, New York--(Newsfile Corp. - July 9, 2020) - The following statement is being issued by Levi & Korsinsky, LLP:
To: All Persons or Entities who purchased National General Holdings Corp. (" National General " or the "Company") stock /zigman2/quotes/202458366/composite NGHC +0.09% prior to July 7, 2020.
You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of National General to The Allstate Corporation ("Allstate") /zigman2/quotes/201974803/composite ALL +0.36% . Under the terms of the merger, National General shareholders 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. To learn more about the action and your rights, go to :
or contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500. There is no cost or obligation to you .
The National General merger investigation concerns whether the Board of National General breached their fiduciary duties to stockholders by failing to fully explore the company's options before agreeing to enter into this transaction and whether Allstate is underpaying for National General shares, thus unlawfully harming National General shareholders.
Levi & Korsinsky is a nationally recognized firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders . For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/59485
Is there a problem with this press release? Contact the source provider Comtex at firstname.lastname@example.org. You can also contact MarketWatch Customer Service via our Customer Center.
copyright (c) newsfile corp. 2020. all rights reserved