Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of The Chubb Corporation (NYSE: CB) acted responsibly on behalf of investors’ profitability in the planned $28.3 billion sale to ACE Limited (NYSE: ACE).

On July 1, 2015, The Chubb Corporation (NYSE: CB) and ACE Limited (NYSE: ACE) announced that they had entered into a merger agreement. Under the terms of the merger agreement, Chubb shareholders will receive $62.93 per share in cash and 0.6019 shares of ACE stock. This is the equivalent of $125.87 per Chubb share using ACE’s 20-day volume weighted average share price for the period ending June 30, 2015. 

Based in Warren, NJ, and founded in 1882 The Chubb Corporation is a provider of property and casualty insurance to businesses and individuals. The company primarily distributes its products through independent insurance agents and insurance brokers in the United States, Canada, Europe, Australia, Latin America, and Asia.

The investigation focuses on whether NYSE: CB investors received the highest price and whether the directors of The Chubb Corporation acted in the best interest of The Chubb Corporation company and its shareholders.  

If you purchased The Chubb Corporation (NYSE: CB) prior to July 1, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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