NEW YORK, July 24, 2018 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that it is investigating potential claims on behalf of purchasers of AV Homes, Inc. ("AV Homes" or the "Company") (AVHI) for possible breaches of fiduciary duty in connection with the proposed sale of the Company to Taylor Morrison Home Corporation ("TMH") (TMHC). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/avhi.
According to the terms of the proposed transaction, AV Homes shareholders may elect to receive, for each AV Homes share that they own (a) $21.50 in cash; (b) 0.9793 shares of TMH Class A common stock; or (c) the combination of $12.64 in cash and 0.4034 shares of TMH Class A common stock, subject to an overall proration of approximately 60% cash and 40% stock. The investigation concerns whether AV Homes' board breached their fiduciary duties to shareholders and whether TMH is underpaying for the Company.
If you are an AV Homes shareholder and believe the proposed buyout price is too low, you can learn more about the investigation by visiting the firm's site: www.bgandg.com/avhi. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | firstname.lastname@example.org
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