BOULDER, Colo., Jan. 7, 2009 (GLOBE NEWSWIRE) -- Advertising Material -- The Shuman Law Firm today announced that it is investigating potential breaches of fiduciary duty in connection with the proposed acquisition of American Land Lease, Inc. ("American Land Lease" or the "Company") (NYSE:ANL).
On Dec. 10, 2008, American Land Lease announced their intent to sell the Company to Green Courte Partners, LLC, a private equity firm. Under the terms of the merger agreement, American Land Lease shareholders would receive $14.20 per share for a total sale price of approximately $438 million. American Land Lease stock had traded at more than $22.00 within the past six months.
If you currently own American Land Lease common stock and would like a free consultation concerning your rights and interests, please contact Kip Shuman, Esq. or Rusty Glenn, Esq. toll-free at 866-974-8626 or email Mr. Shuman at kip@shumanlawfirm.com or Mr. Glenn at rusty@shumanlawfirm.com.
The Shuman Law Firm represents investors throughout the nation, concentrating its practice in securities class actions and shareholder derivative litigation.
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