AMERICAN EQUITY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of American Equity Investment Life Holding Company – AEL

NEW ORLEANS--(BUSINESS WIRE)--
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of American Equity Investment Life Holding Company (NYSE: AEL) to Brookfield Reinsurance (NYSE: BNRE). Under the terms of the proposed transaction, shareholders of American Equity will receive $38.85 in cash and 0.49707 of a Brookfield Asset Management Ltd. (NYSE: BAM) class A limited voting share for each share of American Equity that they own, subject to potential adjustment. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ([email protected]) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nyse-ael/ to learn more.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

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Kahn Swick Foti, LLC
Lewis Kahn, Managing Partner

[email protected]

855-768-1857

Source: Kahn Swick Foti, LLC