SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by Board of CapLease,

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation into Possible
 Breaches of Fiduciary Duty by Board of CapLease, Inc. in Connection with the
       Sale of the Company to American Realty Capital Properties, Inc.

PR Newswire

NEW YORK, June 4, 2013

NEW YORK, June 4, 2013 /PRNewswire/ --Levi & Korsinsky is investigating the
Board of Directors of CapLease, Inc. ("CapLease" or the "Company") (NYSE: LSE)
for possible breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to American Realty Capital Properties,
Inc. (NasdaqGS: ARCP).

(Logo: http://photos.prnewswire.com/prnh/20120409/MM84375LOGO)

Click here to learn more about the investigation
http://zlk.9nl.com/caplease-inc-lse/, or call: 877-363-5972. There is no cost
or obligation to you.

Under the terms of the transaction, CapLease shareholders will receive $8.50
for each share of CapLease stock they own. The transaction has a total
approximate value of $2.2 billion. The investigation concerns whether the
CapLease Board of Directors breached their fiduciary duties to stockholders by
failing to adequately shop the Company before agreeing to enter into the
transaction, and whether American Realty Capital Properties is underpaying for
CapLease, thus unlawfully harming CapLease shareholders.

If you own common stock in CapLease and wish to obtain additional information,
please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by
telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit
http://zlk.9nl.com/caplease-inc-lse/.

Levi & Korsinsky is a national firm with offices in New York, New Jersey and
Washington D.C. The firm has extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors throughout the
nation in securities and shareholder lawsuits. The attorneys at Levi &
Korsinsky have been appointed by numerous courts throughout the country to
serve as lead counsel on behalf of shareholders in major securities lawsuits
and have successfully recovered multimillion-dollar damages awards on behalf
of investors. For more information, please feel free to contact any of the
attorneys listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

SOURCE Levi & Korsinsky, LLP

Website: http://www.zlk.com