Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of WCI Communities Inc (NYSE: WCIC) acted responsibly on behalf of investors’ profitability in the planned $643 Million sale to Lennar Corporation (NYSE: LEN).

On September 22, 2016, WCI Communities Inc (NYSE: WCIC) and Lennar Corporation (NYSE: LEN) announced that they had entered into a merger agreement. Under the terms of the merger agreement, Lennar will offer WCI shareholders $23.50 per share in cash for all outstanding shares.    

Based in Bonita Springs, Florida, and founded in 1946 WCI Communities Inc operates as a lifestyle community developer and luxury homebuilder in Florida.

The investigation is looking to uncover whether WCI Communities Inc was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $25.00 per share.

If you purchased WCI Communities Inc (NYSE: WCIC) prior to September 22, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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