Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of The Phoenix Companies Inc (NYSE: PNX) acted responsibly on behalf of investors’ profitability in the planned $217.2 million sale to Nassau Reinsurance Group Holdings LP.

On September 29, 2015, The Phoenix Companies Inc (NYSE: PNX) and Nassau Reinsurance Group Holdings LP announced that they had entered into a merger agreement. Under the terms of the merger agreement, Nassau Reinsurance will offer Phoenix Companies shareholders $37.50 per share in cash for all outstanding shares.    

Based in Hartford, Connecticut, and founded in 1851 Phoenix Companies Inc and its subsidiaries, provides life insurance and annuity products in the United States. Phoenix Companies Inc functions in two segments, Life and Annuity, and Saybrus.

The investigation focuses on whether NYSE: PNX investors received the highest price and whether the directors of The Phoenix Companies Inc acted in the best interest of The Phoenix Companies Inc company and its shareholders.   

If you purchased The Phoenix Companies Inc (NYSE: PNX) prior to September 29, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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