SHAREHOLDER ALERT:  Brodsky & Smith, LLC Announces an Investigation of Starwood Waypoint Homes – SFR

 

BALA CYNWYD, August 14, 2017 /Access Wire/ – Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Starwood Waypoint Homes (“Starwood” or “the Company”) (NYSE- SFR-News) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to Invitation Homes Inc. (“Invitation”).

Under the terms of the transaction, Starwood shareholders will receive only 1.614 shares of Invitation stock for each share of Starwood stock they own. The transaction values Starwood stock at only approximately $33.88 per share. The investigation concerns whether the Board of  Starwood breached their fiduciary duties to shareholders and whether Invitation is underpaying for the Company. The transaction may undervalue the Company and results in no real gain for many Starwood shareholders. For example, shares of Starwood stock have traded at $34.57 per share and an analyst has set an $41.00 per share price target for Starwood stock.

If you own shares of Starwood 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, 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.