Robbins Umeda LLP has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by members of the Board of Directors (the "Board") of Mercer Insurance Group, Inc. ("Mercer Insurance" or the "Company") (NASDAQ: MIGP) in connection with their efforts to sell Mercer Insurance to United Fire & Casualty Company ("United Fire") (NASDAQ: UFCS). If the transaction is completed, Mercer Insurance shareholders will receive $28.25 in cash for each share of Mercer Insurance common stock they hold. The transaction is expected to close at the end of the first quarter of 2011.

Robbins Umeda LLP's investigation concerns whether Mercer Insurance's Board undertook a fair process to obtain fair consideration for all shareholders of Mercer Insurance. Specifically, our investigation concerns whether members of the Company's Board breached their fiduciary duties to Mercer Insurance shareholders by failing to adequately shop the Company before entering into the transaction with United Fire.

If you are a shareholder of Mercer Insurance, plan to continue to hold your shares, and would like more information about your rights as a shareholder, please contact attorney Gregory E. Del Gaizo at 800-350-6003 or by e-mail at info@robbinsumeda.com.

Robbins Umeda LLP represents individual and institutional shareholders in derivative, direct, and class action lawsuits. The law firm's skilled litigation teams include former federal prosecutors, former defense counsel from top multinational corporate law firms, and career shareholder rights lawyers. Robbins Umeda LLP has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested. For more information, please go to http://www.robbinsumeda.com.

Attorney Advertising. Past results do not guarantee a similar outcome. We invite you to contact us today to discuss your case.

Mercer Insurance (NASDAQ:MIGP)
Historical Stock Chart
Von Okt 2024 bis Nov 2024 Click Here for more Mercer Insurance Charts.
Mercer Insurance (NASDAQ:MIGP)
Historical Stock Chart
Von Nov 2023 bis Nov 2024 Click Here for more Mercer Insurance Charts.