NEW ORLEANS, July 2, 2015 /PRNewswire/ -- Former Attorney
General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of
Kahn Swick & Foti, LLC ("KSF") are investigating the proposed
sale of The Chubb Corporation ("Chubb" or the "Company") (NYSE: CB)
to ACE Limited (NYSE: ACE). Under the terms of the
proposed transaction, shareholders of Chubb will receive only
$62.93 in cash and 0.6019 shares of
ACE stock for each share of Chubb that they own. Based on the
closing price of ACE stock on June 30,
2015, the total value is approximately $124.13 per Chubb share. KSF is seeking to
determine whether this consideration and the process that led to it
are adequate, or whether the consideration undervalues the
Company.
If you believe that this transaction undervalues the Company
and/or if you would like to discuss your legal rights regarding the
proposed sale, you may, without obligation or cost to you, e-mail
or call KSF Managing Partner Lewis S. Kahn
(lewis.kahn@ksfcounsel.com) or partner Michael J. Palestina
(michael.palestina@ksfcounsel.com) toll free at any time at
855-768-1857.
To learn more about KSF, whose partners include the Former
Louisiana Attorney General, visit www.ksfcounsel.com.
Kahn Swick & Foti, LLC
206 Covington St.
Madisonville, LA 70447
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SOURCE Kahn Swick & Foti, LLC