SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against AV Homes, Inc. (AVHI)

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Jul 26, 2018, 15:00 ET

NEW YORK, July 26, 2018 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against AV Homes, Inc. ("AV Homes" or the "Company") (NASDAQ: AVHI) for alleged violations of Federal Securities Laws in connection with the proposed sale of the Company to Taylor Morrison Home Corporation ("TMH") (NYSE: TMHC). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/avhi.

According to the terms of the proposed transaction, AV Homes shareholders may elect to receive, for each AV Homes share that they own (a) $21.50 in cash; (b) 0.9793 shares of TMH Class A common stock; or (c) the combination of $12.64 in cash and 0.4034 shares of TMH Class A common stock, subject to an overall proration of approximately 60% cash and 40% stock.

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm's site: www.bgandg.com/avhi or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you are an AV Homes shareholder and believe the proposed buyout price is too low, you can request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]

SOURCE Bronstein, Gewirtz & Grossman, LLC