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