NEW YORK, March 7, 2013 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Cole Credit Property Trust III, Inc. ("Cole III"), concerning whether the board has breached its fiduciary duties to shareholders.
On March 6, 2013, Cole III announced it had entered into a definitive agreement to acquire its asset manager and sponsor company, Cole Holdings Corporation ("Cole Holdings"). Under the agreement, the founder of Cole Holdings, Chris Cole, will receive a cash payment of $127 million and stock in Cole III.
If you own Cole III shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq. Matthew M. Houston, Esq. Benjamin I. Sachs-Michaels, Esq. Harwood Feffer LLP 488 Madison Avenue New York, New York 10022 Phone Numbers: (877) 935-7400 (212)935-7400 Email: [email protected] Website: http://www.hfesq.com
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.