MedEquities (MRT) Merger Class Action Lawsuit: Halper Sadeh LLP Announces Filing of Shareholder Class Action Lawsuit Against MedEquities Realty Trust, Inc. Concerning Its Proposed Merger With Omega Healthcare Investors, Inc. – MRT
NEW YORK, April 15, 2019 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, announces the filing of a shareholder class action lawsuit against MedEquities Realty Trust, Inc. (“MedEquities” or the “Company”) (NYSE: MRT) in connection with the proposed sale of MedEquities to Omega Healthcare Investors, Inc. (“Omega”).
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If you are a MedEquities shareholder and would like to discuss your legal rights and options, please visit MedEquities (MRT) Merger or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.
The lawsuit alleges that Defendants issued a materially misleading registration statement recommending that MedEquities shareholders vote in favor of the proposed transaction. According to the complaint, the registration statement contains materially incomplete and misleading information concerning, among other things: (1) the actual intrinsic standalone value of MedEquities and Omega; (2) the financial analyses performed by MedEquities’s financial advisor, Citigroup Global Markets Inc. (“Citi”); (3) the background of the proposed transaction; and (4) Citi’s potential conflicts of interest in the proposed transaction. As a result, MedEquities shareholders must be provided with this information in order to adequately assess and value the merger consideration. The lawsuit seeks to enjoin the shareholder vote on the proposed transaction until such information is disclosed.
If you are a MedEquities shareholder and would like to discuss your legal rights and options, please visit https://halpersadeh.com/actions/medequities-realty-trust-inc-mrt-merger-omega-healthcare-stock/ or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.
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Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com
