NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating the Board of Directors of FelCor Lodging Trust Incorporated (NYSE: FCH) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to RLJ Lodging Trust (NYSE: RLJ). Under the terms of the deal, FelCor Lodging shareholders will receive 0.362 shares of RLJ for each FelCor Lodging share.
The investigation concerns whether the FelCor Lodging Board of Directors breached their fiduciary duties to FelCor Lodging stockholders by failing to adequately shop the Company before entering into this transaction and whether RLJ Lodging is underpaying for FelCor Lodging shares, thus unlawfully harming FelCor Lodging stockholders.
If you own common stock in FelCor Lodging and wish to obtain additional information, please contact Vincent Wong, Esq. either via email firstname.lastname@example.org, by telephone at 212.425.1140, or http://docs.wongesq.com/FCH-Info-Request-Form-1629.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.