BALA CYNWYD, Pennsylvania /ACCESSWIRE/December 2, 2021/ Brodsky & Smith Law Firm announces that it is investigating potential claims against the board of directors of Independence Holding Company (“IHC” or the “Company”) (NYSE: IHC) for possible violations of fiduciary duty and other violations of federal and state laws. law in connection with the agreement to be acquired by Geneve Holdings, Inc. Pursuant to the merger agreement, Geneve Holdings will acquire all of the outstanding common stock of IHC for $57.00 per share in connection with an all-cash transaction.
The investigation focuses on whether IHC’s board of directors breached its fiduciary duties to shareholders by failing to conduct due process and whether Geneve Holdings is paying too little for the company.
If you own shares of IHC and wish to discuss the legal ramifications of the investigation, or have any questions, you can email or call Brodsky & Smith’s law firm which, without obligation or charge for you, will try to answer your questions. You can contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, Two Bala Plaza, Suite 805, Bala Cynwyd, PA 19004, visit https://www.brodskysmith.com/cases/independence-holding-company-nyse-ihc/, or call toll-free 855-576-4847.
Brodsky & Smith is a litigation law firm with extensive expertise in representing shareholders across the country in securities lawsuits and class actions. Brodsky & Smith attorneys have been appointed by numerous courts across the country to serve as lead counsel in class action lawsuits and have successfully recovered millions of dollars for our clients and shareholders. Lawyer advertisement. Previous results do not guarantee a similar result.
THE SOURCE: Brodsky & Smith, LLC
See the source version on accesswire.com: