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Meadowbrook Insurance Group, Inc. (MIG)

(NYSE: MIG)

Summary

MEADOWBROOK INSURANCE GROUP INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Meadowbrook Insurance Group, Inc. Over the Proposed Sale of the Company to Fosun International Limited - MIG
 

Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Meadowbrook Insurance Group, Inc, (“Meadowbrook” or the “Company”) (NYSE:MIG) for potential breaches of fiduciary duties in connection with the sale of the Company to Fosun International Limited (“Fosun”)  for approximately $433 million in a cash transaction.  The Company’s stockholders will receive $8.65 for each share of Meadowbrook common stock they own.

The investigation focuses on whether Meadowbrook’s Board of Directors breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of Meadowbrook’s shareholders.

If you own common stock in Meadowbrook and wish to obtain additional information and protect your investments free of charge, please contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330. 

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  • Company:
    Meadowbrook Insurance Group, Inc. (MIG)
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Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330

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Case Details

Date:

  • 01/06/2015

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