Rigrodsky & Long, P.A. Announces Investigation Of CreXus Investment Corp. Proposed Buyout

  Rigrodsky & Long, P.A. Announces Investigation Of CreXus Investment Corp.
  Proposed Buyout

Business Wire

WILMINGTON, Del. -- November 13, 2012

Rigrodsky & Long, P.A. announces that it is investigating potential legal
claims against the board of directors of CreXus Investment Corp. (“CreXus” or
the “Company”) (NYSE: CXS) regarding possible breaches of fiduciary duties and
other violations of law related to the Company’s receipt of a proposal to be
acquired by Annaly Capital Management, Inc. (“Annaly”) (NYSE: NLY), in a
transaction valued at approximately $839 million.

Click here to learn more:
http://www.rigrodskylong.com/investigations/crexus-investment-corp-cxs.

Under the terms of the proposal, public shareholders of CreXus will receive
$12.50 per share in cash for each share of CreXus they own.

The investigation concerns the Company’s board of directors’ process for
consideration of the proposed transaction, whether CreXus is acting in its
shareholders’ best interests and whether the proposed consideration to be paid
to CreXus’s shareholders would be fair and adequate.

If you own the common stock of CreXus and purchased your shares before
November 12, 2012, if you have information or would like to learn more about
these claims, or if you wish to discuss these matters or have any questions
concerning this announcement or your rights or interests with respect to these
matters, please contact Peter Allocco at Rigrodsky & Long, P.A., 825 East Gate
Boulevard, Suite 300, Garden City, New York 11530 toll free at (888) 969-4242,
by e-mail to info@rigrodskylong.com, or at:
http://www.rigrodskylong.com/investigations/crexus-investment-corp-cxs.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City,
New York, regularly prosecutes securities class, derivative and direct
actions, shareholder rights litigation and corporate governance litigation, on
behalf of shareholders in states and federal courts throughout the United
States.

Attorney advertising. Prior results do not guarantee a similar outcome.

Contact:

Rigrodsky & Long, P.A.
Peter Allocco
888-969-4242
516-683-3516
Fax: 302-654-9430
info@rigrodskylong.com
http://www.rigrodskylong.com
 
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