SHAREHOLDER ALERT: Weiss Law Investigates Midwest Holding Inc.

NEW YORK, May 1, 2023 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Midwest Holding Inc. ("Midwest" or the "Company") (NASDAQ: MDWT) in connection with its acquisition by Antarctica Capital. Under the merger agreement, Midwest shareholders will receive $27.00 cash per share.  The transaction is valued at approximately $100 million.

If you own Midwest shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:

https://www.weisslaw.co/news-and-cases/mdwt 
Or please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7^th Floor
New York, NY  10007
(212) 682-3025
(888) 593-4771
[email protected]

Weiss Law is investigating whether (i) Midwest's board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $27.00 per share merger consideration adequately compensates Midwest shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed. 

Weiss Law has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at [email protected]

SOURCE Weiss Law

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