NEW YORK, Oct. 21, 2015 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased The Phoenix Companies Inc. stock prior to September 28, 2015.

You are hereby notified that a class action has been commenced in Connecticut state court challenging the fairness of the sale of The Phoenix Companies Inc. (NYSE:PNX) to Nassau Reinsurance Group Holdings, L.P. for $37.50 in cash per Phoenix Companies share. To learn more about the investigation and your rights, go to:

http://zlk.9nl.com/phoenixcompanies-pnx

or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

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