SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Home Properties, Inc.
29 Junio 2015 - 5:05AM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
Home Properties, Inc. ("Home Properties” or "the Company") (NYSE:
HME) for possible breaches of fiduciary duty and other violations
of state law in connection with the sale of the Company to an
affiliate of the Lone Star Funds (“Lone Star”).
Click here to learn more about the investigation
http://brodsky-smith.com/958-hme-home-properties-inc.html, or
call:877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Home Properties shareholders
will receive either $75.23 in cash for each Home Properties share
they own. The investigation concerns whether the Board of Home
Properties breached their fiduciary duties to shareholders and
whether Lone Star is underpaying for Home Properties. The
transaction may undervalue Home Properties and will result in a
loss or no real gain for many Home Properties shareholders. For
example, Home Properties stock traded at $77.14 per share as
recently as May 15, 2015 and an analyst has set a $79.00 per share
price target for Home Properties stock.
If you own shares of Home Properties stock and wish to discuss
the legal ramifications of the investigation, or have any
questions, you may e-mail or call the law office of Brodsky &
Smith, LLC who will, without obligation or cost to you, attempt to
answer your questions. You may contact Jason L. Brodsky, Esquire or
Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza,
Suite 510, Bala Cynwyd, PA 19004, by visiting
http://brodsky-smith.com/958-hme-home-properties-inc.html, or
calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive
expertise representing shareholders throughout the nation in
securities and class action lawsuits. The attorneys at Brodsky
& Smith have been appointed by numerous courts throughout the
country to serve as lead counsel in class actions and have
successfully recovered millions of dollars for our clients and
shareholders. Attorney advertising. Prior results do not guarantee
a similar outcome.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150629005145/en/
Brodsky & Smith, LLCJason L. Brodsky, EsquireEvan J. Smith,
Esquire877-LEGAL-90http://brodsky-smith.com/958-hme-home-properties-inc.html
Home Properties (NYSE:HME)
Gráfica de Acción Histórica
De Nov 2024 a Dic 2024
Home Properties (NYSE:HME)
Gráfica de Acción Histórica
De Dic 2023 a Dic 2024
Real-Time news about (New York Stock Exchange): 0 recent articles
Más de Home Properties Artículos de Noticias