BALA CYNWYD, Pa., Sept. 10, 2015 /PRNewswire/ -- Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Strategic Hotels & Resorts, Inc. ("Strategic Hotels" or "the Company") (NYSE- BEE-News) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Blackstone Real Estate Partners VIII ("Blackstone").

Click here to learn more about the investigation http://brodsky-smith.com/981-bee-strategic-hotels--resortsinc.html, or call: 877-534-2590. There is no cost or obligation to you.

Under the terms of the transaction, Strategic Hotels shareholders will receive only $14.25 in cash for each share of Strategic Hotels stock they own. The investigation concerns whether the Board of  Strategic Hotels breached their fiduciary duties to shareholders and whether Blackstone is underpaying for Strategic Hotels. The transaction may undervalue Strategic Hotels and will result in no real gain for many Strategic Hotels shareholders. For example, an analyst has set a price target for Strategic Hotels stock at $17.00 per share and Strategic Hotels stock traded at $14.06 as recently as January 19, 2015.

If you own shares of Strategic Hotels and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA  19004, by visiting http://brodsky-smith.com/981-bee-strategic-hotels--resortsinc.html, or calling toll  free 877-LEGAL-90.

Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

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SOURCE Brodsky & Smith, LLC