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| Protecting the Rights of Shareholders and Consumers |
Odyssey Re Holdings Corp. Securities Litigation
Odyssey Re Holdings Corp. (NYSE: ORH) shareholder litigation over proposed takeover
Levi & Korsinsky is investigating the Board of Directors of Odyssey Re Holdings Corp. (“Odyssey Re” or the “Company”) for
possible breaches of fiduciary duty and other violations of state law in connection with a proposal from Fairfax Financial Holdings
Limited (“Fairfax”), the Company's majority shareholder, to purchase the Company.
On September 8, 2009, the Company announced that it had received an unsolicited proposal from Fairfax under which Fairfax will
buy all of the company’s outstanding common stock that it does not yet own for $60 per share. Fairfax currently owns 72.6% of the
outstanding Odyssey Re common shares.
Levi & Korsinsky is investigating the Board of Directors of Odyssey Re Holdings Corp. (“Odyssey Re” or the “Company”) for
possible breaches of fiduciary duty and other violations of state law in connection with a proposal from Fairfax Financial Holdings
Limited (“Fairfax”), the Company's majority shareholder, to purchase the Company.
On September 8, 2009, the Company announced that it had received an unsolicited proposal from Fairfax under which Fairfax will
buy all of the company’s outstanding common stock that it does not yet own for $60 per share. Fairfax currently owns 72.6% of the
outstanding Odyssey Re common shares.
