We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Trean Insurance Group, Inc. (“Trean” or the “Company”) (NASDAQ: TIG), in connection with the proposed acquisition of the Company by affiliates of Altaris, LLC.  Under the terms of the merger agreement, the Company’s shareholders will receive $6.15 in cash for each share of Trean common stock owned.

Weiss Law is investigating whether (i) Trean’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $6.15 per share merger consideration adequately compensates Trean’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.  Notably, at least one analyst set a price target for the Company of $8 per share, $1.85 above the per-share merger consideration.