Law Firm Investigates Safety Insurance Group Sale
Monteverde & Associates PC is investigating Safety Insurance Group Inc.'s sale to a Mapfre S.A. affiliate. The proposed deal offers shareholders $105 per share in cash.
Law firm Monteverde & Associates PC has initiated an investigation into the sale of Safety Insurance Group Inc. (NASDAQ: SAFT) to an affiliate of Mapfre S.A. Under the terms of the proposed transaction, Safety Insurance Group stockholders are expected to receive $105.00 per share in cash.
The firm is examining the terms of the sale to determine if Safety Insurance Group shareholders received fair value. Monteverde & Associates PC, which operates from the Empire State Building, has a history of recovering substantial sums for shareholders in class action lawsuits.
The investigation is being led by attorney Juan Monteverde. Monteverde & Associates PC has been recognized for its success in securities class action litigation, including rankings in the ISS Securities Class Action Services Report. The firm is making information about the deal available to shareholders at no cost.
Shareholders of Safety Insurance Group who have concerns or wish to obtain more information are encouraged to contact Monteverde & Associates PC. The firm advises potential clients to inquire about a law firm's experience in litigating class actions and recovering funds for shareholders.