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EIHI Eastern Insurance Holdings - Common Stock, NO Par Value (MM)

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Share Name Share Symbol Market Type
Eastern Insurance Holdings - Common Stock, NO Par Value (MM) NASDAQ:EIHI NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

INVESTOR ALERT: The Law Offices of Vincent Wong Investigates the Sale of Eastern Insurance Holdings, Inc. to ProAssurance Cor...

03/10/2013 6:28pm

PR Newswire (US)


Eastern Insurance Holdings - Common Stock, NO Par Value (MM) (NASDAQ:EIHI)
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NEW YORK, Oct. 3, 2013 /PRNewswire/ -- The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Eastern Insurance Holdings, Inc. (NasdaqGM: EIHI) ("Eastern Insurance") regarding possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to ProAssurance Corporation (NYSE: PRA).

Under the terms of the transaction, Eastern Insurance shareholders will receive $24.50 for each share of Eastern Insurance stock they own. The transaction has a total approximate value of $205 million. The investigation concerns whether the Eastern Insurance Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the Company to obtain the best possible value for Eastern Insurance shareholders.

If you own common stock in Eastern Insurance and wish to obtain additional information, please contact Vincent Wong, Esq. either via email vw@wongesq.com, by telephone at 212.425.1140, or visit http://wongesq.9nl.me/eastern-insurance-holdings/.

Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights.  Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:    
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail:          vw@wongesq.com

SOURCE The Law Offices of Vincent Wong

Copyright 2013 PR Newswire

1 Year Eastern Insurance Holdings - Common Stock, NO Par Value (MM) Chart

1 Year Eastern Insurance Holdings - Common Stock, NO Par Value (MM) Chart

1 Month Eastern Insurance Holdings - Common Stock, NO Par Value (MM) Chart

1 Month Eastern Insurance Holdings - Common Stock, NO Par Value (MM) Chart

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