DALLAS, Oct. 18, 2013 /PRNewswire/ -- Securities lawyers at Deans & Lyons announced an investigation against the board of Eastern Insurance Holdings, Inc. (NASDAQ: EIHI) in connection with the proposed buyout by ProAssurance Corporation (NYSE: PRA) valued at $24.50 per share. Concerned EIHI investors are encouraged to contact attorney Hamilton Lindley at 877-819-8033 or hlindley@deanslyons.com about their rights and remedies.
"Due to Eastern's board unanimous approval of the merger and strong recommendation that shareholders do the same, the deal may undercut any other potential deals," said securities lawyer Hamilton Lindley. "Our potential shareholder lawsuit will seek to ensure that all relevant information is disclosed and that the Eastern Insurance Holdings, Inc. shareholders receive the highest price reasonably available for their stock."
Deans & Lyons has significant experience representing shareholders in securities lawsuits nationwide. EIHI stockholders – or anyone with knowledge about this situation – should contact lawyer Hamilton Lindley at hlindley@deanslyons.com or 877-819-8033 with questions or concerns.
Hamilton Lindley
DEANS & LYONS LLP
325 North Saint Paul Street, Suite 1500
Dallas, TX 75201
Phone: 214-736-7861
Fax: 214-965-8505
Toll-free: 877-819-8033
hlindley@deanslyons.com
www.deanslyons.com
SOURCE Deans & Lyons, LLP
