ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Owens Realty Mortgage, Inc.

NEW YORK, Nov. 12, 2018 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against Owens Realty Mortgage, Inc. ORM and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Ready Capital Corporation RC. Stockholders will receive 1.441 shares of Ready Capital Corporation common stock for each share of Owens Realty Mortgage stock that they hold. The transaction is valued at approximately $182.6 million and is expected to close by the end of the first quarter of 2019.

If you are a stockholder of Owens Realty Mortgage, Inc. and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/orm. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at info@rowleylawpllc.com, or by telephone at 914-400-1920 or 844-400-4643 (toll-free).  

Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation. For more information about the firm and its attorneys, please visit http://www.rowleylawpllc.com. 

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SOURCE Rowley Law PLLC