Shareholder Alert: The Ademi Firm investigates whether Landsea Homes Corporation is obtaining a Fair Price for its Public Shareholders

MILWAUKEE--(BUSINESS WIRE)--The Ademi Firm is investigating Landsea Homes (Nasdaq: LSEA) for possible breaches of fiduciary duty and other violations of law in its transaction with New Home Co. and its majority shareholder Apollo.

Click here to learn how to join our investigation and obtain additional information or contact us at [e-mail] or toll-free: 866-264-3995. There is no cost or obligation to you.

In the transaction, shareholders of Landsea Homes will receive only $11.30 per share in cash that represents an enterprise value for Landsea Homes of approximately $1.2 billion. Landsea Homes insiders will receive substantial benefits as part of change of control arrangements.

The transaction agreement unreasonably limits competing transactions for Landsea Homes by imposing a significant penalty if Landsea Homes accepts a competing bid. We are investigating the conduct of the Landsea Homes board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.