Sunrise Senior Living, Inc. : Faruqi & Faruqi, LLP is Seeking More Cash for the Shareholders of Sunrise Senior Living, Inc. (SRZ)
08/22/2012| 08:05pm US/Eastern
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Faruqi & Faruqi, LLP, a leading national securities firm headquartered
in New York City, is investigating the Board of Directors of Sunrise
Senior Living, Inc. ("Sunrise" or the "Company") (NYSE: SRZ) for
potential breaches of fiduciary duties in connection with their conduct
related to the sale of the Company to Health Care REIT, Inc. (NYSE: HCN)
in an all-cash deal valued at approximately $1.9 billion, of which about
$950 million will be paid in cash and the balance through assumption of
debt. Under the terms of the proposed transaction, Sunrise's
stockholders will receive $14.50 in cash for each Sunrise share they own.
Request more information now by clicking here: www.faruqilaw.com/SRZ.
There is no cost or obligation to you.
Whether Sunrise's Board of Directors breached their fiduciary duties to
the Company's stockholders by failing to conduct an adequate and fair
sales process prior to agreeing to this proposed transaction, whether
the proposed transaction undervalues Sunrise's shares and by how much
this proposed transaction undervalues the Company to the detriment of
Sunrise's shareholders are the key focus of this investigation.
Faruqi & Faruqi, LLP is a national law firm which represents investors
and individuals in class action litigation. The firm is focused on
providing exemplary legal services in complex litigation in the areas of
securities, shareholder, antitrust and consumer litigation, throughout
all phases of litigation. The firm has an experienced trial team which
has achieved significant victories on behalf of the firm's clients.
If you own common stock in Sunrise and wish to obtain additional
information and protect your investments free of charge, please visit us
at www.faruqilaw.com/SRZ
or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com
or by telephone at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2012 Faruqi & Faruqi, LLP. The law firm
responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).
Prior results do not guarantee or predict a similar outcome with respect
to any future matter. We are happy to discuss your particular case.
Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New
York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll
Free: (877) 247-4292
Phone: (212) 983-9330
© Business Wire 2012
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