Morgan & Morgan Announces It Is Investigating The Sale of American Realty Capital Healthcare Trust, Inc. to Ventas, Inc. - HCT

NEW YORK, June 3, 2014 /PRNewswire/ -- Morgan & Morgan is investigating the Board of Directors of American Realty Capital Healthcare Trust, Inc. ("ARC Healthcare" or the "Company") (NASDAQ: HCT) for potential breaches of fiduciary duties in connection with the sale of the Company to Ventas, Inc. for approximately $2.6 billion. The Company's stockholders will receive either 0.1688 Ventas common shares or $11.33 in cash for each share of ARC Healthcare common stock they own.

The investigation focuses on whether ARC Healthcare's Board of Directors breached their fiduciary duties to act in the best interest of ARC Healthcare stockholders and to take all necessary steps to ensure that ARC Healthcare shareholders receive the maximum value readily available for their shares of ARC Healthcare common stock. 

If you own ARC Healthcare and want more information about the  ARC Healthcare Investigation George Pressly, Esq. at 1(800) 631-6234 or email George at [email protected]

Morgan & Morgan is one of the nation's largest 200 law firms. In addition to securities fraud, the firm also practices in the areas of antitrust, personal injury, consumer protection, overtime, and product liability.  All of the Firm's legal endeavors are rooted in its core mission: provide investor and consumer protection and always fight "for the people." 

Attorney advertising. Prior results do not guarantee a similar outcome.

Contact:
Morgan & Morgan
Peter Safirstein, Esq.
28 West 44^th Street
Suite 2001
New York, NY  10036
1-800-631-6234
[email protected]

SOURCE Morgan & Morgan

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