The Briscoe Law Firm, PLLC, founded by a former state prosecutor and enforcement attorney for the United States Securities and Exchange Commission, and the securities litigation law firm of Powers Taylor, LLP are investigating potential legal claims against the Board of Directors of CNA Surety Corporation (“CNA Surety” or “SUR”) (NYSE: SUR) related to the proposed buyout of CNA Surety by CNA Financial Corporation (“CNA Financial”).

On April 21, 2011, the companies announced a definitive merger agreement in which CNA Financial will acquire all of the outstanding shares of CNA Surety, not currently owned by subsidiaries of CNA Financial, through a tender offer. Under the agreement, CNA Surety shareholders will receive $26.55 in cash for each share of CNA Surety/SUR common stock held.

The firms are investigating the fairness of the proposed transaction to CNA Surety shareholders and whether CNA Surety’s Board of Directors acted in the shareholders’ best interests. Specifically, the acquisition price represents only an approximate 2% premium over CNA Surety’s closing price the day before the announcement. Further, at least one analyst has set a target price of $29.00 per share for the company, and CNA Surety recently reported strong fourth quarter 2010 results. Based on these and other factors, the firms do not believe that the price offered to CNA Surety shareholders is fair. The firms are also investigating whether CNA Surety’s Board of Directors adequately considered all viable alternatives and properly shopped the company before entering into the acquisition agreement.

If you currently own shares of CNA Surety Group/SUR and would like additional information regarding this investigation, or if you have information regarding the allegations involved in this transaction, please contact Patrick Powers at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at patrick@powerstaylor.com, or Willie Briscoe at The Briscoe Law Firm, PLLC toll free (877) 397-5991, or via email at WBriscoe@TheBriscoeLawFirm.com. There is no cost or fee to you.

The Briscoe Law Firm is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters nationwide, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.

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