Trean Insurance Group (TIG) - Trean Insurance Group Investors Encouraged to Contact Kehoe Law Firm, P.C. - Breach of Fiduciary Duties Investigation

Philadelphia, Pennsylvania--(Newsfile Corp. - December 29, 2022) - Kehoe Law Firm, P.C. is investigating whether the directors of Trean Insurance Group, Inc. ("Trean Insurance" or "Trean") (NASDAQ: TIG) breached their fiduciary duties to the shareholders of Trean Insurance in approving a merger with affiliates of Altaris Capital Partners, LLC ("Altaris Capital") for inadequate consideration.

The investigation concerns whether the board of directors of Trean Insurance failed to maximize the value of Trean for the benefit of its shareholders in connection with the announced merger with Altaris Capital, in breach of their fiduciary duties to Trean's shareholders, and whether Trean's shareholders have suffered financial damages as a result.

On December 15, 2022, Trean Insurance entered into an agreement to be bought out by Altaris for $6.15 per share. The transaction is valued at approximately $316 million.

INVESTORS OF TREAN INSURANCE ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C. AND PROVIDE DETAILS OF THEIR TREAN INSURANCE SECURITIES.

TREAN INSURANCE SHAREHOLDERS ARE ALSO ENCOURAGED TO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, MYARNOFF@KEHOELAWFIRM.COM, INFO@KEHOELAWFIRM.COM, TO DISCUSS THE INVESTIGATION AND FOR A FREE, NO-OBLIGATION EVALUATION OF POTENTIAL LEGAL CLAIMS.

Kehoe Law Firm, P.C., with offices in New York and Philadelphia, is a multidisciplinary, plaintiff-side law firm dedicated to protecting investors from securities fraud, breaches of fiduciary duties, and corporate misconduct. Combined, the partners at Kehoe Law Firm, P.C. have served as Lead Counsel or Co-Lead Counsel in cases that have recovered more than $10 billion on behalf of institutional and individual investors.

This press release may constitute attorney advertising.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/149841