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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Symetra Financial Corporation (NYSE: SYA) acted responsibly on behalf of investors’ profitability in the planned $3.8 billion sale to Sumitomo Life Insurance Company.
On August 11, 2015, Symetra Financial Corporation (NYSE: SYA) and Sumitomo Life Insurance Company announced that they had entered into a merger agreement. Under the terms of the merger agreement, Symetra shareholders will receive $32.00 per share in cash at closing, plus a previously announced special dividend of $0.50 per share in cash, which is payable on August 28, 2015.
Based in Bellevue, WA, and founded in 1957 Symetra Financial Corporation provides products and services that serve the retirement, employee-based benefits, and life insurance markets in the United States and the District of Columbia.
The investigation focuses on whether NYSE: SYA investors received the highest price and whether the directors of Symetra Financial Corporation acted in the best interest of Symetra Financial Corporation company and its shareholders.
If you purchased Symetra Financial Corporation (NYSE: SYA) prior to August 11, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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