ATLANTA, June 30, 2009 (GLOBE NEWSWIRE) -- Holzer Holzer & Fistel, LLC is investigating possible violations of law in connection with a proposed buyout of Specialty Underwriters' Alliance of Illinois ("Specialty Underwriters") (Nasdaq:SUAI) by Tower Group, Inc. (Nasdaq:TWGP) which was announced on June 22, 2009. The announcement indicated that Tower Group has agreed to exchange shares of its common stock for each outstanding share of Specialty Underwriters. The announcement states the conversion is equivalent to Tower Group paying approximately $6.72 per share of Specialty Underwriters' common stock.
Current holders of Specialty Underwriters common stock with questions concerning their legal rights are encouraged to contact Holzer Holzer & Fistel, LLC and its attorneys Michael I. Fistel Jr., Esq. or Marshall P. Dees, Esq. via email at mfistel@holzerlaw.com, or mdees@holzerlaw.com, or via toll-free telephone at (888) 508-6832.
Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer Holzer & Fistel, LLC has paid for the dissemination of this promotional communication, and Michael I. Fistel, Jr. is the attorney responsible for its content.