An investigation on behalf of investors, who currently hold shares of AmTrust Financial Services Inc (NASDAQ:AFSI), was announced concerning whether the takeover of AmTrust Financial Services Inc at $12.25 is unfair to NASDAQ:AFSI stockholders.

The investigation by a law firm concerns whether certain officers and directors of AmTrust Financial Services breached their fiduciary duties owed to NASDAQ:AFSI investors in connection with the proposed acquisition.

Financial Services Inc reported that its annual Total Revenue rose from over $4.63 billion in 2015 to over $5.48 billion in 2016. Shares of AmTrust Financial Services Inc (NASDAQ:AFSI) reached as high as $27.66 per share in early 2017. On January 9, 2018, private equity funds managed by Stone Point Capital LLC, together with Barry D. Zyskind, Chairman and CEO of AmTrust Financial Services Inc, George Karfunkel and Leah Karfunkel (collectively, the 'Karfunkel-Zyskind Family'), proposed to acquire all of the outstanding shares of common stock of AmTrust that the Karfunkel-Zyskind Family does not already own or control for $12.25 per share in cash.

However, given that at least one analyst has set the high price target for NASDAQ:ASFI shares at $16.00 per share and given that NASDAQ:ASFI shares traded in the open market as recently as July 2017 as high as $16.26 per share, the investigation concerns whether the offer is unfair to NASDAQ:AFSI stockholders. More specifically, the investigation concerns whether the AmTrust Financial Services Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

New York based Amtrust Financial Services, Inc. (AmTrust) is an insurance holding company. AmTrust