Y Alert: Monsey Firm of Wohl & Fruchter LLP Investigating Sale of Alleghany to Berkshire Hathaway
MONSEY, N.Y., March 21, 2022 (GLOBE NEWSWIRE) — The law firm of Wohl & Fruchter LLP is investigating whether the directors of Alleghany Corporation (ticker: Y) (“Alleghany”) acted in the best interests of Alleghany shareholders in approving the sale of Alleghany to Berkshire Hathaway (“Berkshire”) for $848.02 per share in cash.
If you remain an Alleghany shareholder and have questions about your legal rights, you may contact our firm at the following link to discuss your options at no charge:
https://wohlfruchter.com/cases/alleghany-corporation/
Alternatively, you may contact us by phone at 866-833-6245, or via email at [email protected].
Why is there an investigation?
On March 21, 2022, Alleghany announced an agreement for Berkshire to purchase all of the outstanding shares of Alleghany for $848.02 per share in cash. The agreement has been approved by the Alleghany board.
Our investigation concerns whether Alleghany’s board acted in the best interests of Alleghany shareholders in approving the sale to Berkshire, including whether the acquisition price adequately compensates Alleghany shareholders, and whether all material information regarding the transaction has been fully disclosed.
About Wohl & Fruchter
Wohl & Fruchter LLP, with offices in New York City and Monsey, has for over a decade been representing investors in litigation arising from fraud and other corporate misconduct, and recovered hundreds of millions of dollars in damages for investors. Please visit our website, www.wohlfruchter.com, to learn more about our Firm, or contact one of our partners.
Contact:
Wohl & Fruchter LLP
Joshua E. Fruchter
Toll Free 866.833.6245
[email protected]
www.wohlfruchter.com
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