NEW YORK--()--The Rosen Law Firm, P.A. is investigating the board of directors of NTS Realty Capital, Inc., the managing partner of NTS Realty Holdings LP (NYSE MKT: NLP) for possible breaches of fiduciary duty and other violations of state law in connection with its going private transaction.
If you would like to join the action please email or call Phillip Kim or Kevin Chan, toll-free, at 866-767-3653; or email at firstname.lastname@example.org or email@example.com. There is no cost or obligation to you.
Under the terms of the transaction, proposed by NTS’ founder and Chairman, Mr. J.D. Nichols and Mr. Brain F. Lavin, its Chief Executive Officer, shareholders will receive $5.25 per share for each share of NTS stock they own. The investigation relates to whether the board of directors breached its fiduciary duties by failing to adequately shop the Company before entering into this transaction with NTS’ chairman and CEO and whether Messrs. Nichols and Lavin are underpaying for NTS Realty Holdings’ shares, consequently unlawfully harming NTS Realty Holdings’ shareholders.
If you own common stock in NTS and wish to obtain additional information, you may also contact Phillip Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at firstname.lastname@example.org or email@example.com.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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