SOURCE: Levi & Korsinsky, LLP

Levi & Korsinsky, LLP

November 14, 2014 11:59 ET

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of Aviv REIT Inc. of Class Action Against the Board of Directors of the Company in Connection With the Fairness of the Sale of the Company to Omega Healthcare Investors Inc. -- AVIV

NEW YORK, NY--(Marketwired - Nov 14, 2014) - Levi & Korsinsky notifies investors of Aviv REIT Inc. ("Aviv" or "the Company") (NYSE: AVIV) of claims of breaches of fiduciary duty and other violations of state law against the board of directors of the Company in connection with the sale of the Company to Omega Healthcare Investors Inc. ("Omega") (NYSE: OHI). A complaint was filed in maryland state court.

Click here to learn more about the investigation: http://zlk.9nl.com/aviv-reit-aviv.

Under the terms of the transaction, Aviv shareholders will receive 0.90 shares of Omega stock for each share of Aviv stock they own, or approximately $34.97 based on Omega's closing price on October 30, 2014. The claims concern whether the Board of Aviv breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Omega is underpaying for Aviv shares.

If you own Aviv common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/aviv-reit-aviv.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact Information

  • Levi & Korsinsky, LLP
    Joseph Levi, Esq.
    Eduard Korsinsky, Esq.
    30 Broad Street - 24th Floor
    New York, NY 10004
    Tel: (212) 363-7500
    Toll Free: (877) 363-5972
    Fax: (866) 367-6510
    www.zlk.com