NEW YORK, May 12, 2015 /PRNewswire/ -- Securities
lawyers at Dunnam & Dunnam are investigating the
board of Trade Street Residential, Inc. (NASDAQ: TSRE) in
connection with a buyout for only $7.32 per share. Concerned TSRE investors are
encouraged to contact attorney Hamilton Lindley by clicking
here.
The investigation focuses upon the shareholder value of the
transaction. Under terms of the proposed agreement, Trade Street's
shareholders would receive $3.80 per
share in cash and 0.4108 of newly issued IRT common stock, which is
valued at approximately $7.32 per
share. However, an analyst has set a target price of $9.50 per share. The firm's potential shareholder
lawsuit will seek to obtain the highest price reasonably available
and that all important information about the deal is disclosed.
Dunnam & Dunnam has significant experience representing
shareholders in securities lawsuits nationwide. TSRE stockholders –
or anyone with knowledge about this situation – should contact
lawyer Hamilton Lindley at hlindley@dunnamlaw.com with questions,
toll free at (844) 702-2990 or visit
http://www.dunnamlaw.com/TSRE.
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SOURCE Dunnam & Dunnam