NEW YORK, May 9, 2019 /PRNewswire/ -- WeissLaw LLP
announced that it has filed a class action on behalf of
shareholders of MedEquities Realty Trust, Inc. ("MRT") (NYSE: MRT)
seeking to pursue remedies under the Securities Exchange Act of
1934 (the "Exchange Act") in connection with the proposed
acquisition of MRT by Omega Healthcare Investors, Inc. ("Omega")
(the "Proposed Transaction"). The class action was commenced
in the United States District
Court for the Middle District of Tennessee, Bushansky v. MedEquities Realty
Trust, Inc., 3:19-cv-00231, on behalf of all persons or
entities that had purchased or otherwise acquired MRT shares as of
January 2, 2019, and continue to hold
shares of MRT (the "Class Period").
If you own MRT shares and wish to discuss this
action or have any questions concerning this notice or your rights
or interests, please contact:
Joshua
Rubin
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY 10036
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Visit our website
http://www.weisslawllp.com/medequities-realty-trust-inc-action/
Or follow us on Twitter @MarketsAlert
On January 2, 2019, MRT and Omega
issued a joint press release announcing that they had entered into
an Agreement and Plan of Merger pursuant to which MRT shareholders
will be entitled to receive (i) 0.235 of a share of Omega common
stock, and (ii) $2.00 in cash,
subject to adjustments as set forth in the merger agreement under
certain limited circumstances, for each MRT common share held.
The complaint seeks injunctive and other relief on behalf of the
named plaintiff and all MRT shareholders, and alleges that in an
attempt to secure shareholder approval for the merger, the
defendants filed a materially incomplete and misleading joint proxy
statement/prospectus on Form S-4 with the Securities and Exchange
Commission in violation of the Exchange Act. The omitted
and/or misrepresented information is believed to be material to MRT
shareholders' ability to make an informed decision whether to vote
their shares in favor of the Proposed Transaction. The
plaintiff is represented by WeissLaw, which has expertise in
prosecuting investor class actions and extensive experience in
actions involving financial fraud.
If you wish to serve as lead plaintiff, you must move the
Court no later than sixty (60) days from today. If you wish to
discuss this action or have any questions concerning this notice or
your rights or interests, please contact plaintiff's counsel,
Joshua M. Rubin of WeissLaw
at 888.593.4771, or by e-mail at
stockinfo@weisslawllp.com. Any member of the putative
class may move the Court to serve as lead plaintiff through counsel
of their choice, or may choose to do nothing and remain an absent
class member.
WeissLaw LLP has litigated hundreds of stockholder class and
derivative actions, recovering over a billion dollars for clients.
If you have information or would like legal advice concerning
possible corporate wrongdoing please email us at
stockinfo@weisslawllp.com.
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SOURCE WeissLaw LLP