Oct. 24, 2013
/PRNewswire/ -- Morgan & Morgan announces that it is investigating potential legal claims against the board of directors of Cole Real Estate Investments, Inc. ("Cole" or the "Company") (COLE) regarding possible breaches of fiduciary duty 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") in a transaction, including debt, valued at approximately
Under the terms of the proposal, public shareholders of Cole will receive
or 1.0929 shares of American Realty common stock for each share of Cole common stock they own.
If you own shares of Cole and want more information about the
Cole takeover investigation
, please contact
George Pressly, Esq.
at 1(800) 631-6234 or email George at
Our investigation concerns possible breaches of fiduciary duty and other violations of law by Cole's Board of Directors for not acting in the best interest of the Company's shareholders' in connection with the sale process.
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Contact:Morgan & Morgan
Peter Safirstein, Esq.
28 West 44
New York, NY
SOURCE Morgan & Morgan