ASSOCIATED ESTATES REALTY CORP. INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Associated Estates Realty Corp. Over the Proposed Sale of the Company to Brookfield Asset Management, Inc. - AEC

Loading...
Loading...
NEW YORK--(BUSINESS WIRE)--

Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Associated Estates Realty Corp. ("Associated Estates Realty" or the "Company") AEC for potential breaches of fiduciary duties in connection with the sale of the Company to Brookfield Asset Management Inc. ("Brookfield") BAM for approximately $2.5 billion in a cash transaction. The Company's stockholders will receive $28.75 for each share of Associated Estates Realty common stock they own.

Click here for more information: www.faruqilaw.com/AEC. There is no cost or obligation to you.

The investigation focuses on whether Associated Estates Realty's Board of Directors breached their fiduciary duties to the Company's stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of Associated Estates Realty's shareholders.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm's clients. To keep track of the latest securities litigation news, follow us on Twitter at www.twitter.com/MergerActivity or on Facebook at www.facebook.com/FaruqiLaw.

If you own common stock in Associated Estates Realty and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/AEC or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

Attorney Advertising. (C) 2015 Faruqi & Faruqi, LLP. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We are happy to discuss your particular case.

Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: (877) 247-4292
Phone: (212) 983-9330

Loading...
Loading...
Posted In: Press Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...