The Law Offices of Howard G. Smith Commences Investigation on Behalf of Campus Crest Communities, Inc. Investors
October 19 2015 - 9:07PM
Business Wire
Law Offices of Howard G. Smith announces that it is
investigating potential claims on behalf of investors of Campus
Crest Communities, Inc. (“Campus Crest” or the “Company”) (NYSE:
CCG) concerning whether the officers and directors complied with
their legal obligations to the Company and its shareholders in
connection with the sale of the Company to Harrison Street Real
Estate Capital LLC (“Harrison”).
Under the terms of the proposed transaction, Campus Crest
shareholders will receive $7.03 per share. The investigation
concerns whether the Board of Campus Crest breached their fiduciary
duties to shareholders and whether Harrison is underpaying for
Campus Crest. Campus Crest shares traded above $8 as recently as
March 3, 2015, and closed above the merger price on April 6, 2015.
The Law Offices of Howard G. Smith is attempting to increase Campus
Crest shareholder value, and investors are encouraged to contact
Howard G. Smith to discuss their legal rights.
If you own Campus Crest shares, have information or would like
to learn more about these claims, or have any questions concerning
this announcement or your rights or interests with respect to these
matters, please contact Howard G. Smith, Esquire, of Law Offices of
Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem,
Pennsylvania 19020 by telephone at 215-638-4847, toll-free at
888-638-4847, or by email to howardsmith@howardsmithlaw.com,
or visit our website at http://www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: http://www.businesswire.com/news/home/20151019006720/en/
Law Offices of Howard G. SmithHoward G. Smith,
Esquire215-638-4847888-638-4847howardsmith@howardsmithlaw.comwww.howardsmithlaw.com
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