NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating the Board of Directors of State National Companies, Inc. (NASDAQ:SNC) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Markel Corporation (NYSE:MKL). Under the terms of the deal, State National shareholders will receive $21.00 for each share of State National stock they own.
The investigation concerns whether the State National Board of Directors breached their fiduciary duties to State National stockholders by failing to adequately shop the Company before entering into this transaction and whether Markel Corporation is underpaying for State National shares, thus unlawfully harming State National stockholders.
If you own common stock in State National and wish to obtain additional information, please contact Vincent Wong, Esq. either via email firstname.lastname@example.org, by telephone at 212.425.1140, or visit http://docs.wongesq.com/SNC-Info-Request-Form-1661.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.