INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investigation Regarding Whether the Sale of EMC Insurance Group Inc. to Employers Mutual Casualty Company is Fair to Shareholders
NEW YORK, NY / ACCESSWIRE / May 9, 2019 / The following statement is being issued by Levi & Korsinsky, LLP:
To: All Personsor Entities who purchased EMC Insurance Group Inc. (''EMCI'' or the ''Company'') (EMCI) stock prior to May 9, 2019.
You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into thefairness of the sale of EMCI to Employers Mutual Casualty Company (''EMCC''). Under the terms of the transaction, EMCC will acquire all remaining shares of EMCI it does not currently own for $36.00 per share. EMCC currently owns 55% of EMCI's outstanding shares. To learn more about the action and your rights, go to:
https://www.zlk.com/mna/emc-insurance-group-inc
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.There is no cost or obligation to you.
The EMCI merger investigation concerns whether the Board of EMCI breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether EMCC is underpaying for EMCI shares, thus unlawfully harming EMCI shareholders.
Levi & Korsinsky is a national 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 dollarsfor 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.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
SOURCE: Levi & Korsinsky, LLP
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