Friday, September 30, 2022 | Back issues
Courthouse News Service Courthouse News Service

Shareholder Class Action

BALTIMORE - Directors misrepresented the condition of American Realty Capital Properties before buying Cole Real Estate Properties for $6.9 billion in a cash and stock swap deal, and the share price of the new company dove by more than 50% after the news came out, shareholders claim in City Court.

Read the Top 8

Sign up for the Top 8, a roundup of the day's top stories delivered directly to your inbox Monday through Friday.

Loading
Loading...