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Presidential Life Corp (NASDAQ:PLFE) Investor Files Lawsuit Against Directors Over Alleged Breaches Of Fiduciary Duties In Connection With The Proposed Takeover By Athene Holding

  • If you purchased shares of Presidential Life Corp (NASDAQ:PLFE) prior to July 13, 2012, and currently hold any of those:PLFE shares, you have certain options and you should contact the Shareholders Foundation, Inc.

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Lawsuit Overview

July 23, 2012 (Shareholders Foundation) -- An investor in Presidential Life Corp (NASDAQ:PLFE) shares filed a lawsuit against directors of Presidential Life Corp in effort to stop the proposed takeover of Presidential Life Corp at $14.00 per NASDAQ:PLFE share. The plaintiff alleges that the defendants breached their fiduciary duties arising out of the attempt to sell the company too ...



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