WILMINGTON, Del.--(BUSINESS WIRE)--
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors (“Board”) of Aspen Insurance Holdings Limited (“Aspen” or the “Company”) (NYSE: AHL) related to the Company’s entry into an agreement to be acquired by affiliates of certain investment funds (the “Apollo Funds”) managed by affiliates of Apollo Global Management, LLC (together with its consolidated subsidiaries, “Apollo”) (NYSE: APO) in a transaction announced on August 28, 2018 (the “Proposed Transaction”).
On August 28, 2018, the Board caused Aspen to enter into an agreement and plan of merger (the “Merger Agreement”) with Apollo. Pursuant to the terms of the Merger Agreement, shareholders of Aspen will receive $42.75 in cash for each share of Aspen common stock.
On October 22, 2018, Aspen filed a preliminary proxy statement (“Proxy Statement”) with the United States Securities and Exchange Commission (“SEC”) in connection with the Proposed Transaction, which recommends that Aspen’s shareholders vote in favor of the Proposed Transaction. Rigrodsky & Long, P.A. is investigating possible violations of law related to the Proxy Statement, including whether the Proxy Statement omits material information with respect to the Proposed Transaction.
If you own common stock of Aspen and purchased any shares before August 28, 2018, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra toll-free at (888) 969-4242, by e-mail at firstname.lastname@example.org, or at https://www.rigrodskylong.com/offices-contact.
Rigrodsky & Long, P.A., with offices in Delaware, New York, and California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.
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