Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Home Properties Inc (NYSE: HOME) acted responsibly on behalf of investors’ profitability in the planned $7.6billion sale to an affiliate of Lone Star Funds.

On June 22, 2015, Home Properties Inc (NYSE: HOME) and an affiliate of Lone Star Funds announced that they had entered into a merger agreement. Under the terms of the merger agreement, Lone Star Funds will offer Home Properties shareholders $75.23 in cash per share.      

Based in Rochester, NY and founded in 1993 Home Properties Inc is a real estate investment trust that invests in the real estate markets of the U.S.  It is engaged in the ownership, management, acquisition, rehabilitation and development of residential apartment communities.

The investigation is looking to uncover whether Home Properties Inc was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $79.00 per share.

If you purchased Home Properties Inc (NYSE: HOME) prior to June 22, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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