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HOME PROPERTIES NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of Home Properties, Inc. (HME) Over the Proposed Sale of the Company to Lone Star Funds

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Home Properties, Inc.

NEW YORK, NY / ACCESSWIRE / June 26, 2015 / Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Home Properties, Inc. ("Home Properties" or the "Company") (HME) for potential breaches of fiduciary duties in connection with the sale of the Company to Lone Star Funds for approximately $7.6 billion.

The Company's stockholders will only receive $75.23 for each share of Company common stock they own in an all-cash transaction.

However, at least one analyst opinion sets the value of Home Properties' shares at $79.00 per share. Furthermore, the share price for the Company is expected to continue climbing.

Click here for more information: www.faruqilaw.com/HME. There is no cost or obligation to you.

The investigation focuses on whether Home Properties' Board of Directors breached their fiduciary duties to the Company's stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of Home Properties' shareholders.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm's clients. To keep track of the latest securities litigation news, follow us on Twitter at www.twitter.com/MergerActivity or on Facebook at www.facebook.com/FaruqiLaw.

If you own common stock in Home Properties and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/HME or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

Contact:

Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017

Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com

Toll Free: (877) 247-4292
Phone: (212) 983-9330

Attorney Advertising. (C) 2015 Faruqi & Faruqi, LLP. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We are happy to discuss your particular case.

SOURCE: Faruqi & Faruqi, LLP

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