Ryan & Maniskas, LLP Announces Investigation of Colonial Properties Trust

  Ryan & Maniskas, LLP Announces Investigation of Colonial Properties Trust

PR Newswire

WAYNE, Pa., June 4, 2013

WAYNE, Pa., June 4, 2013 /PRNewswire/ -- Ryan & Maniskas, LLP
(www.rmclasslaw.com/cases/clp) is investigating potential claims against the
board of directors of Colonial Properties Trust ("Colonial Properties" or the
"Company") (NYSE: CLP) concerning possible breaches of fiduciary duty and
other violations of law related to the Company's efforts to sell the Company
to Mid-America Apartment Communities Inc. ("Mid-America") in a transaction
valued at $2.17 billion.

(Logo:http://photos.prnewswire.com/prnh/20121112/MM11729LOGO )

Our investigation concerns possible breaches of fiduciary duty and other
violations of law related to the approval of the transaction by the Company's
board of directors; in particular, whether the Company undertook a fair
process to obtain fair consideration for all shareholders of Colonial
Properties. For more information regarding our investigation, please contact
Ryan & Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at (877)
316-3218 or by email at rmaniskas@rmclasslaw.com or visit:
www.rmclasslaw.com/cases/clp.

Under the terms of the transaction, Colonial shareholders will receive 0.36 of
a Mid-America share for each share of Colonial they own, representing a value
of approximately $24.47 per share.

If you own shares of Smithfield Foods and would like to learn more about these
claims or if you wish to discuss these matters and have any questions
concerning this announcement or your rights, contact Richard A. Maniskas,
Esquire toll-free at (877) 316-3218 or to sign up online, visit:
www.rmclasslaw.com/cases/clp. You may also email Mr. Maniskas at
rmaniskas@rmclasslaw.com. For more information about class action cases in
general, please visit our website: www.rmclasslaw.com.

Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan &
Maniskas, LLP is devoted to protecting the interests of individual and
institutional investors in shareholder actions in state and federal courts
nationwide.

CONTACT: Ryan & Maniskas, LLP
           Richard A. Maniskas, Esquire
           995 Old Eagle School Rd., Suite 311
           Wayne, PA 19087
           877-316-3218
           www.rmclasslaw.com/cases/clp
           rmaniskas@rmclasslaw.com

SOURCE Ryan & Maniskas, LLP

Website: http://www.rmclasslaw.com
 
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