Rigrodsky & Long, P.A. Announces Investigation Of CapLease, Inc. Buyout
American Realty Capital Properties offers $8.50 per share to CapLease shareholders
WILMINGTON, Del.--(BUSINESS WIRE)-- Rigrodsky & Long, P.A.:
Do you own shares of CapLease, Inc. (NYSE:LSE)?
Did you purchase any of your shares prior to May 28, 2013?
Do you think the proposed buyout price is too low?
Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of CapLease, Inc. ("CapLease" or the "Company") (NYSE: LSE) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by American Realty Capital Properties, Inc. ("American Realty") (NASDAQ GS: ARCP) in a transaction valued at approximately $2.2 billion.
Click here to learn more: http://www.rigrodskylong.com/investigations/caplease-inc-lse.
Under the terms of the agreement, public shareholders of CapLease will receive $8.50 per share in cash for each share of CapLease they own.
The investigation concerns whether CapLease's board of directors failed to adequately shop the Company and obtain the best possible value for CapLease's shareholders before entering into an agreement with American Realty.
If you own the common stock of CapLease and purchased your shares before May 28, 2013, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth Rigrodsky or Peter Allocco at Rigrodsky & Long, P.A., 825 East Gate Boulevard, Suite 300, Garden City, New York 11530, by telephone at (888) 969-4242; by e-mail to firstname.lastname@example.org, or at: http://www.rigrodskylong.com/investigations/caplease-inc-lse.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.
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KEYWORDS: United States North America Delaware New York
The article Rigrodsky & Long, P.A. Announces Investigation Of CapLease, Inc. Buyout originally appeared on Fool.com.
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