The Law Office of Joseph Klein Announces Investigation of Penn Millers Holding Corporation

The Law Office of Joseph Klein is investigating the Board of Directors of Penn Millers Holding Corporation (NASDAQ: PMIC) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to a subsidiary of ACE Limited (NYSE: ACE). Under the terms of the proposed transaction, ACE Limited will pay Penn Millers shareholders $20.50 per share in cash for a total transaction value of approximately $107 million.

To receive more information, click here: http://www.jkleinlawfirm.com/penn-millers-holding.html.

The investigation concerns whether the Penn Millers Board of Directors breached their fiduciary duties to Penn Millers stockholders by failing to adequately shop the Company before entering into this transaction and whether ACE Limited is underpaying for Penn Millers shares.

If you own common stock in Penn Millers and wish to obtain additional information, please contact Joseph Klein, Esq. directly, via email at jk@jkleinlawfirm.com, by telephone at 718-947-0005, Toll Free: 877-STOK-180, or visit http://www.jkleinlawfirm.com/penn-millers-holding.html.

Joseph Klein, Esq. is an experienced attorney and has also practiced as a Certified Public Accountant. Mr. Klein represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.