Harwood Feffer LLP Announces Investigation of National Interstate Corporation

NEW YORK, March 7, 2016 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of National Interstate Corporation ("National Interstate" or the "Company") (NASDAQ: NATL) concerning the proposed acquisition of the Company by American Financial Group, Inc. ("AFG").

Under the terms of the offer, AFG would acquire the remaining shares of National Interstate that it does not already own for $30.00 in cash per share.  As recently as November 2015, National Interstate stock traded above the offer price.         

Our investigation concerns whether the Interstate board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders. 

If you own Interstate shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Benjamin I. Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: bsachsmichaels@hfesq.com 
Website: http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.

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SOURCE Harwood Feffer LLP