Law Office of Brodsky & Smith, LLC Announces Investigation of CreXus Investment Corporation

     Law Office of Brodsky & Smith, LLC Announces Investigation of CreXus
                            Investment Corporation

PR Newswire

BALA CYNWYD, Pa., Nov. 13, 2012

BALA CYNWYD, Pa., Nov. 13, 2012 /PRNewswire/ --Law office of Brodsky & Smith,
LLC announces that it is investigating potential claims against the Board of
Directors of CreXus Investment Corporation ("CreXus" or the "Company") (NYSE:
CXS) relating to the proposed acquisition by Annaly Capital Management
("Annaly Capital").

Under the terms of the transaction, CreXus shareholders will receive only
$12.50 in cash for each share of CreXus stock they own. The investigation
concerns possible breaches of fiduciary duty and other violations of state law
by the Board of Directors of CreXus for not acting in the Company's
shareholders' best interests in connection with the sale process to Annaly
Capital. The transaction may undervalue the Company and will result in no
substantial gain or even a loss for many CreXus shareholders. For example
CreXus stock traded at $13.46 on January 27, 2011. In addition, the
investigation seeks to determine if conflicts of interest played a role in the
transaction as two employees of a wholly owned subsidiary of Annaly Capital
are on the CreXus Board of Directors.

If you own shares of CreXus stock and wish to discuss the legal ramifications
of the proposed transaction, or have any questions, you may e-mail or call the
law office of Brodsky & Smith, LLC who will, without obligation or cost to
you, attempt to answer your questions. You may contact Jason L. Brodsky,
Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza,
Suite 602, Bala Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com visiting
http://brodsky-smith.com/505-cxs-crexus-investment-corporation.html, by
calling toll free 877-LEGAL-90.

SOURCE Brodsky & Smith, LLC

Website: http://www.brodsky-smith.com
 
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