Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Trade Street Residential, Inc. Stockholders
12 May 2015 - 8:01AM
Business Wire
Kirby McInerney LLP is investigating potential claims against
the Board of Directors of Trade Street Residential, Inc. (“Trade
Street” or the “Company”) (NASDAQ:TSRE) concerning the proposed
acquisition of the Company by Independence Realty Trust, Inc.
(“IRT”). Under the terms of the definitive merger agreement, Trade
Street stockholders will receive $3.80 in cash and 0.4108 of newly
issued IRT common stock for each share of Trade Street common stock
they own.
The investigation concerns whether the Trade Street 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 a Trade Street 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.
Kirby McInerney LLPJ. Brandon Walker, Esq., (212)
699-1145bwalker@kmllp.comorMelissa Fortunato, Esq., (212)
699-1141mfortunato@kmllp.comortoll free at (888) 529-4787
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