Zenith-Fairfax Deal a Target of Shareholder Rights Law Firm

The $1.3 billion proposed sale of Zenith National Insurance Co. to a Canadian firm has already drawn the ire of a New York City-based shareholders' rights law firm who questions if the deal is generous enough.Levi & Korsinsky, LLP, whose website states it represents victims of securities fraud, mutual fund abuse, consumer fraud and Employee Retirement Income and Security Act violations, on Friday began soliciting the names of Zenith shareholders interested in joining a class-action lawsuit against the company.Zenith a day earlier announced its board of directors had approved a plan to ...