Faruqi & Faruqi, LLP Launches An Investigation Against ProAssurance Corporation (PRA) For Potential Breaches Of Fiduciary Duties

  Faruqi & Faruqi, LLP Launches An Investigation Against ProAssurance
  Corporation (PRA) For Potential Breaches Of Fiduciary Duties By Its Board Of
  Directors

Business Wire

NEW YORK -- April 19, 2013

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New
York City, is investigating the Board of Directors of ProAssurance Corporation
(“ProAssurance” or the “Company”) (NYSE: PRA) for potential breaches of
fiduciary duties in connection with their conduct in seeking shareholders’
approval of the Company’s 2014 Equity Incentive Plan.

Specifically, in the Proxy Statement filed by the Company with the Securities
and Exchange Commission on April 5, 2013, the Board of Directors recommends
that ProAssurance’s shareholders vote to approve the ProAssurance Corporation
2014 Equity Incentive Plan, which would authorize the issuance of up to
4,000,000 shares of Common Stock. The issuance of the additional shares could
have a substantial dilutive effect on the shares of ProAssurance common stock.

Request more information now by clicking here: www.faruqilaw.com/PRA. There is
no cost or obligation to you.

Faruqi & Faruqi, LLP is a national law firm which represents investors and
individuals in class action litigation. The firm is focused on providing
exemplary legal services in complex litigation in the areas of securities,
shareholder, antitrust and consumer litigation, throughout all phases of
litigation. The firm has an experienced trial team which has achieved
significant victories on behalf of the firm’s clients.

If you own common stock in ProAssurance and wish to obtain additional
information and protect your investments free of charge, please visit us at
www.faruqilaw.com/PRA or contact Juan E. Monteverde, Esq. either via e-mail at
jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

Attorney Advertising. (C) 2013 Faruqi & Faruqi, LLP. The law firm responsible
for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior
results do not guarantee or predict a similar outcome with respect to any
future matter. We are happy to discuss your particular case.

Contact:

Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: (877) 247-4292
Phone: (212) 983-9330
 
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