CAPLEASE INC. SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors of Claims
of Breaches of Fiduciary Duty by Board of CapLease, Inc. in Connection With
Sale of Company to American Realty Capital Properties, Inc.
NEW YORK, June 6, 2013 (GLOBE NEWSWIRE) -- Levi & Korsinsky notifies investors
of CapLease, Inc. ("CapLease" or the "Company") (NYSE:LSE) of claims of
breaches of fiduciary duty and other violations of state law against the board
of directors of the Company in connection with the sale of the Company to
American Realty Capital Properties, Inc. (Nasdaq:ARCP). A complaint was filed
in New York sate court.
Click here to learn more about the action:
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 claims concern 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 firstname.lastname@example.org or by
telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit
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
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
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