Stull, Stull & Brody Announces Investigation on Behalf of Shareholders of Zenith National Insurance Corporation

Attorney Advertising. Notice is hereby given that Stull, Stull & Brody has commenced an investigation on behalf of shareholders of the common stock of Zenith National Insurance Corporation (“Zenith” or the “Company”) (NYSE: ZNT) for possible breaches of fiduciary duty and other violations of state law by the Company’s Board of Directors (the “Board”) in connection with an agreement by the Board to sell all of the Company’s outstanding common shares to Fairfax Financial Holdings, Ltd. (“Fairfax”), in a cash transaction valued at approximately $1.4 billion or $38.00 per share.

The current investigation concerns the price to be paid by Fairfax to Zenith shareholders and the process by which the Board is addressing the transaction. Upon completion of the proposed transaction, Zenith will become a wholly-owned subsidiary of Fairfax. Zenith shareholders will receive $38.00 per share under the terms of the proposed transaction, and Zenith will continue to operate from its headquarters in Woodland Hills, California.

If you own the common stock of Zenith and wish to obtain additional information about this matter, please contact Aaron Brody, Esq. at Stull, Stull & Brody by calling 1-800-337-4983 or 1-212-687-7230, or by email to ssbny@aol.com or by writing to Stull, Stull & Brody, 6 East 45th Street, New York, NY 10017. Stull, Stull & Brody has litigated many class actions for violations of securities laws and breaches of fiduciary duty on behalf of defrauded investors over the past 40 years and has obtained Court approval of substantial settlements on numerous occasions. Stull, Stull & Brody has offices in New York and Los Angeles. Additional information about Stull, Stull & Brody can be found at the firm’s website at www.ssbny.com.

Attorney advertising. Prior results do not guarantee a similar outcome.

Zenith (NYSE:ZNT)
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De Avr 2024 à Mai 2024