Printer Friendly

Law Office of Brodsky & Smith, LLC Announces Investigation of Zenith National Insurance Corporation.

BALA CYNWYD, Pa. -- Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Zenith National Insurance Corporation ("Zenith" or the "Company") (NYSE:ZNT) relating to the proposed acquisition by Fairfax Financial Holdings Limited ("Fairfax"). Under the terms of the offer, Zenith shareholders would receive $38.00 for each share of Zenith stock they own.

The investigation concerns possible breaches of fiduciary duty and other violations of state law related to the Zenith board's approval of the proposed acquisition. Specifically, Zenith shareholders need additional information to know what actions the board took to adequately shop the Company before entering into this transaction and whether Fairfax is underpaying for Zenith, resulting in harm to the Zenith shareholders.

If you own shares of Zenith and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at investorrelations@brodsky-smith.com, or by calling toll free 877-LEGAL-90.
COPYRIGHT 2010 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2010 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Comment:Law Office of Brodsky & Smith, LLC Announces Investigation of Zenith National Insurance Corporation.
Publication:Business Wire
Geographic Code:1U2PA
Date:Mar 5, 2010
Words:207
Previous Article:Polaris Industries Inc. to Present at Raymond James 31st Annual Institutional Investors Conference.
Next Article:Kiersted / Systems Announces Winner of 2010 Smart Car.
Topics:

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters