Kirby McInerney LLP is investigating potential claims against the Board of Directors of Associated Estates Realty Corporation (“Associated Estates” or the “Company”) (NYSE:AEC) concerning the proposed acquisition of the Company by a real estate fund managed by Brookfield Asset Management. Under the terms of the definitive merger agreement, Associated Estates stockholders will receive $28.75 in cash for each share of Associated Estates common stock they own, valuing the transaction at approximately $2.5 billion, including the assumption of debt.

The investigation concerns whether the Associated Estates Board of Directors violated its fiduciary duties by agreeing to the proposed transaction and whether the proposed consideration adequately values the Company’s common stock.

If you are an Associated Estates stockholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at bwalker@kmllp.com, or telephone at (212) 699-1145, Melissa Fortunato, Esq. by email at mfortunato@kmllp.com, or telephone at (212) 699-1141, or toll free at (888) 529-4787, or by filling out this contact form. There is no cost or obligation to you.

Kirby McInerney LLP is a New York-based law firm concentrating in securities, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.