Law Offices of Howard G. Smith Announces Investigation of Emeritus Corp.
BENSALEM, Pa. -- February 21, 2014
Law Offices of Howard G. Smith announces that it is investigating potential
claims against the Board of Directors of Emeritus Corp. (“Emeritus” or the
“Company”) (NYSE:ESE) related to the proposed acquisition of the Company by
Brookdale. The stock transaction is valued at approximately $1.4 billion, or
$28.56 per share.
This investigation concerns whether the Board of Directors of Emeritus
breached their fiduciary duties to stockholders by failing to adequately shop
the Company before agreeing to enter into the proposed transaction, and
whether the Company has disclosed all material information to shareholders
about the transaction.
If you are a shareholder of Emeritus, if you have information or would like to
learn more about our investigation, 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 Howard G. Smith, Esquire, of Law
Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem,
Pennsylvania 19020 by telephone at 215-638-4847, Toll Free at 888-638-4847, or
by email to firstname.lastname@example.org, or visit our website at
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847 or Toll Free: 888-638-4847
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