SHAREHOLDER NOTICE: Brodsky & Smith, LLC Announces an Investigation of Quality Care Properties, Inc. - QCP
BALA CYNWYD, PA / ACCESSWIRE / July 5, 2018 / Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Quality Care Properties, Inc. ("Quality Care" or "the Company") (NYSE:QCP News) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to affiliates of Welltower, Inc. ("Welltower").
Click here to learn more http://www.brodskysmith.com/cases/quality-care-properties-inc-nyse-qcp/, or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Quality Care shareholders will receive only $20.75 in cash for each share of Quality Care stock they own. The investigation concerns whether the Board of Quality Care breached their fiduciary duties to shareholders and whether Welltower is underpaying for the Company. The transaction may undervalue the Company and may not be in the Quality Care shareholders best interests. For example, the transaction will result in loss or no real gain for many shareholders of Quality Care stock, which has recently traded at $21.97.
If you own shares of Quality Care stock 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://www.brodskysmith.com/cases/quality-care-properties-inc-nyse-qcp/, 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.
SOURCE: Brodsky & Smith, LLC
