Jun 22, 2015, 07:50 ET
NEW YORK, June 22, 2015 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Home Properties, Inc. (NYSE: HME) ("Home" or the "Company") on behalf of its shareholders in connection with its execution of a definitive merger agreement to be acquired by an affiliate of Lone Star Funds. Under the terms of the merger agreement, Lone Star Funds will acquire all of the outstanding common stock of Home for $75.23 per share in an all-cash transaction.
Our investigation has determined that the price of $75.23 per share unfairly under-values the true going forward inherent value of Home and that shareholders are not receiving the maximum value for their shares and concerns whether Home's board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company shareholders.
If you own Home 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:
Benjamin I Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
Email: [email protected]
Follow us on Twitter: @HarwoodFeffer
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.
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