IPCC Infinity Property and Casualty Corporation

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Concerning Whether the Sale of Infinity Property and Casualty Corporation to Kemper Corporation is Fair to Shareholders

The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased Infinity Property and Casualty Corporation (“Infinity” or the “Company”) (NASDAQ: IPCC) stock prior to February 13, 2018.

You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Infinity to Kemper Corporation (NYSE: KMPR). Under the terms of the agreement, Infinity shareholders will receive $51.60 in cash and 1.2019 Kemper common shares for each share of Infinity stock they own. To learn more about the action and your rights, go to:

http://www.zlk.com/mna/infinity-property-and-casualty-corporation

or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The investigation concerns whether the Board of Infinity breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Kemper Corporation is underpaying for Infinity shares, thus unlawfully harming Infinity shareholders.

Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

EN
13/02/2018

Underlying

Reports on Infinity Property and Casualty Corporation

MarketLine Department
  • MarketLine Department

HCI Group Inc - Strategy, SWOT and Corporate Finance Report

Summary HCI Group Inc - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights HCI Group Inc (HCI) is an insurance holding company. The company, through its subsidiaries, offers a range of non-life insurance products and services to individual clients. It offers dwelling f...

 PRESS RELEASE

SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of I...

WILMINGTON, Del.--(BUSINESS WIRE)-- Rigrodsky & Long, P.A.: Do you own shares of Infinity Property and Casualty Corporation (NASDAQ GS: IPCC)? Did you purchase any of your shares prior to February 13, 2018? Do you think the proposed buyout is fair? Do you want to discuss your rights? Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Infinity Property and Casualty Corporation (“...

 PRESS RELEASE

The Law Offices of Vincent Wong Reminds Investors of an Investigation ...

NEW YORK--(BUSINESS WIRE)-- The Law Offices of Vincent Wong are investigating the Board of Directors of Infinity Property and Casualty Corporation (“Infinity” or the “Company”) (NASDAQ: IPCC) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Kemper Corporation (NYSE: KMPR). Under the terms of the deal, Infinity stockholders will receive $51.60 in cash and 1.2019 Kemper common shares for each share of Infinity stock they own. The investigation concerns wheth...

 PRESS RELEASE

INFINITY PROPERTY INVESTOR ALERT by the Former Attorney General of Lou...

NEW ORLEANS--(BUSINESS WIRE)-- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Infinity Property and Casualty Corporation (“Infinity” or the “Company”) (NasdaqGS: IPCC) to Kemper Corporation (“Kemper”) (NYSE: KMPR). Under the terms of the proposed transaction, shareholders of Infinity will receive only $51.60 in cash and 1.2019 Kemper common shares for each share of Infinity that they own. KSF is seeking to determine whether this ...

 PRESS RELEASE

The Law Offices of Vincent Wong Notifies Investors of an Investigation...

NEW YORK--(BUSINESS WIRE)-- The Law Offices of Vincent Wong are investigating the Board of Directors of Infinity Property and Casualty Corporation (“Infinity” or the “Company”) (NASDAQ:IPCC) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Kemper Corporation (NYSE:KMPR). Under the terms of the deal, Infinity stockholders will receive $51.60 in cash and 1.2019 Kemper common shares for each share of Infinity stock they own. The investigation concerns whether...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch