DALLAS--(BUSINESS WIRE)--
The
Briscoe Law Firm, PLLC, founded by a former state prosecutor and
enforcement attorney for the United States Securities and Exchange
Commission, and the law firm of Powers Taylor, LLP are investigating
potential legal claims against the Board of Directors of American
Physicians Service Group, Inc. (“AMPH” or “Company”) (AMEX: AMPH) in
connection with the recently announced sale of the Company to
ProAssurance Corporation (NYSE: PRA). Under the terms of the proposed
transaction, AMPH shareholders would receive only $32.50 per share,
while at least one analyst recently valued the shares of AMPH at $35.00
per share. The investigation relates to possible breaches of fiduciary
duty and other violations of state law by the Board of Directors of AMPH
for approving this merger, whether the consideration to be received by
the shareholders of American Physicians Service Group is fair, and
whether AMPH’s Board of Directors acted in the shareholders’ best
interests.
If you currently own or purchased American Physicians Service Group
(AMPH) shares and would like additional information regarding this
investigation, or if you have information regarding the allegations
against American Physicians Service Group, please contact Patrick Powers
at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at patrick@powerstaylor.com,
or Willie Briscoe at The Briscoe Law Firm, PLLC toll free (877)
397-5991, or via email at WBriscoe@TheBriscoeLawFirm.com.
There is no cost or fee to you.
The
Briscoe Law Firm, PLLC is a full service business litigation,
commercial transaction, and public advocacy firm with more than 20 years
of experience in complex litigation and transactional matters.
Powers Taylor, LLP is a shareholder litigation law firm that handles a
variety of complex business litigation matters, including claims of
investor and stockholder fraud, shareholder oppression, shareholder
derivative suits, and security class actions.
Source: Powers Taylor, LLP
Contact:
Powers Taylor, LLP
Patrick Powers, 877-728-9607
patrick@powerstaylor.com
or
The
Briscoe Law Firm, PLLC
Willie Briscoe, 877-397-5991
WBriscoe@TheBriscoeLawFirm.com