Le Lézard
Classified in: Business
Subjects: TNM, ATY

SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of Select Income REIT - SIR


NEW YORK, Oct. 1, 2018 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating Select Income REIT ("Select Income" or the "Company") (NasdaqGS: SIR) relating to the sale of the Company to Government Properties Income Trust ("GOV"). Under the terms of the agreement, Select Income shareholders will be entitled to receive 1.04 shares of GOV for each Select Income share they own.  In addition, Select Income, which owns 45 million shares in Industrial Logistics Properties Trust ("ILPT"), will distribute to its shareholders a special dividend of 0.502 ILPT shares per Select Income shares held.

Monteverde & Associates PC Logo

Click here for more information: https://monteverdelaw.com/case/select-income-reit .  It is free and there is no cost or obligation to you.

The investigation focuses on whether Select Income and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company's stockholders by 1) failing to conduct a fair process, 2) whether and by how much this proposed transaction undervalues the Company by and 3) failing to disclose all material financial information in connection with the upcoming shareholder meeting.

Monteverde & Associates PC is a national class action securities and consumer litigation law firm that has recovered millions of dollars and is committed to protecting shareholders and consumers from corporate wrongdoing.  Monteverde & Associates lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions, whereby they protect investors by recovering money and remedying corporate misconduct. Mr. Monteverde, who leads the legal team at the firm, has been recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013 and 2017, an award given to less than 2.5% of attorneys in a particular field.  He has also been selected by Martindale-Hubbell as a 2017 Top Rated Lawyer.

If you own common stock in Select Income and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at [email protected] or by telephone at (212) 971-1341.

Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
[email protected]
Tel: (212) 971-1341

Attorney Advertising. (C) 2018 Monteverde & Associates PC.  The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com).  Prior results do not guarantee a similar outcome with respect to any future matter.

 

SOURCE Monteverde & Associates PC


These press releases may also interest you

at 16:10
Medical Properties Trust, Inc. today announced it will host a conference call and webcast on Thursday, May 9, 2024 at 11:00 a.m. Eastern Time to discuss the company's first quarter 2024 financial results. A press release with first quarter 2024...

at 16:10
HCLTech, a leading global technology company, today reported financial results for the fourth quarter and the full year ended March 31, 2024. The company reported full year revenue of $13.3 billion, up 5.4% YoY. Digital Services revenue grew by...

at 16:10
CareTrust REIT, Inc. announced today that it plans to release its first quarter 2024 financial results after the U.S. markets close on Thursday, May 2, 2024. Representatives of CareTrust REIT's management team will host a conference call to discuss...

at 16:10
AG Mortgage Investment Trust, Inc. (the "Company") announced today that it will release first quarter 2024 financial results prior to market open on Friday, May 3, 2024. The Company will host a conference call to discuss the results on Friday, May...

at 16:05
CN announced that the director nominees listed in the management information circular dated March 4, 2024 (the "Information Circular"), were elected as directors of CN. The detailed results of the vote for the election of directors held at CN's...

at 16:05
Civista Bancshares, Inc. ("Civista") announced today that the Board of Directors has approved a quarterly dividend of 16 cents per common share to shareholders of record May 7, 2024, payable May 22, 2024. ...



News published on and distributed by: