NEW YORK, Nov. 12, 2018 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against Owens Realty Mortgage, Inc. (NYSE: ORM) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Ready Capital Corporation (NYSE: 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 [email protected], 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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