|[January 18, 2013]
The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Breaches of Fiduciary Duty by the Board of Alterra Capital Holdings Limited in Connection with the Sale of the Company to Markel Corp.
NEW YORK --(Business Wire)--
Levi & Korsinsky is investigating the Board of Directors of Alterra
Capital Holdings Limited ("Alterra" or the "Company") (NasdaqGS: ALTE)
for possible 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") (NYSE: MKL).
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 sare and $10.00 for each share of Alterra stock they own.
The transaction has total approximate value of $3.13 billion. The
investigation concerns 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
If you own common stock in Alterra and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email at email@example.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.
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