Levi & Korsinsky notifies investors of Cole Real Estate Investments Inc. (“Cole” or the “Company”) (NYSE:COLE) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to American Realty Capital Properties Inc. (“ARCP”) (Nasdaq: ARCP).
Click here to learn more about the investigation
, or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Cole shareholders may elect to receive 1.0929 shares of ARCP or $13.82 in cash for each share of Cole stock they own. The transaction has a total approximate value of $11.2 billion. The investigation concern whether the Cole Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether ARCP is underpaying for Cole shares.
If you own Cole common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut, and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.