SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of Claims of Breaches of Fiduciary Duty by the Board of Alterra C...
February 13 2013 - 10:58AM
Marketwired
Levi & Korsinsky notifies investors of Alterra Capital Holdings
Limited ("Alterra" or the "Company") (NASDAQ: ALTE) of claims of
breaches of fiduciary duty and other violations of state law
against the board of directors of the Company in connection with
the sale of the Company to Markel Corp. ("Markel"). A complaint was
filed in New York Federal court.
Click here to learn how to join the action: http://zlk.9nl.com/alterra-capital-holdings-limited-alte/,
or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Alterra shareholders will
receive 0.043 Markel share and $10.00 for each share of Alterra
stock they own. The transaction has total approximate value of
$3.13 billion. The claims concern whether the Alterra Board of
Directors breached their fiduciary duties to stockholders by
failing to adequately shop the Company before entering into this
transaction and whether Markel is underpaying for Alterra shares,
thus unlawfully harming Alterra stockholders.
If you own common stock in Alterra and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email
at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free:
(877) 363-5972, or http://zlk.9nl.com/alterra-capital-holdings-limited-alte/.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, and Washington D.C. The firm has extensive
expertise in prosecuting securities litigation involving financial
fraud, representing investors throughout the nation in securities
and shareholder lawsuits. The attorneys at Levi & Korsinsky
have been appointed by numerous courts throughout the country to
serve as lead counsel on behalf of shareholders in major securities
lawsuits and have successfully recovered multimillion-dollar
damages awards on behalf of investors. 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 Levi, Esq. Eduard
Korsinsky, Esq. 30 Broad Street - 24th Floor New York, NY 10004
Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (866) 367-6510
www.zlk.com
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