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TMCNet:  Law Offices of Howard G. Smith Announces Investigation of Emeritus Corp.

[February 21, 2014]

Law Offices of Howard G. Smith Announces Investigation of Emeritus Corp.

BENSALEM, Pa. --(Business Wire)--

Law Offices of Howard G. Smith announces that it is investigating potential claims against the Board of Directors of Emeritus Corp. ("Emeritus" or the "Company") (NYSE:ESE) related to the proposed acquisition of the Company by Brookdale. The stock transaction is valued at approximately $1.4 billion, or $28.56 per share.

This investigation concerns whether the Board of Directors of Emeritus breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the proposed transaction, and whether the Company has disclosed all material information to shareholders about the transaction.


If you are a shareholder of Emeritus, if you have information or would like to learn more about our investigation, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at 215-638-4847, Toll Free at 888-638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.


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