Faruqi & Faruqi, LLP Investigates The Proposed Sale of Emeritus Corp. to Brookdale Senior Living Inc.
17 Aprile 2014 - 9:59PM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of Emeritus Corp.
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a
leading national securities firm headquartered in New York City,
investigates a possible challenge of the Board of Directors of
Emeritus Corp. (“Emeritus” or the “Company”) (NYSE:ESC) actions as
they relate to their recommendation and agreement of the sale of
the Company to Brookdale Senior Living Inc. (“Brookdale”) for
approximately $1.4 billion. The Company’s stockholders are offered
to receive 0.95 shares of Brookdale for each share of Emeritus
common stock they own. A complaint has been filed against the
Company.
Click here for more information:
www.faruqilaw.com/ESC. There is no cost or
obligation to you.
The investigation focuses on whether Emeritus’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 Emeritus’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
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If you own common stock in Emeritus and wish to obtain
additional information and protect your investments free of charge,
please visit us at www.faruqilaw.com/ESC 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) 2014 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, LLP369 Lexington Avenue, 10th FloorNew
York, NY 10017Attn: Juan E. Monteverde,
Esq.jmonteverde@faruqilaw.comToll Free: (877) 247-4292Phone: (212)
983-9330
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