The securities litigation law firm of Brower Piven, A Professional
Corporation, has commenced an investigation into possible breaches of
fiduciary duty and other violations of state law by the Board of
Directors of Quality Care Properties, Inc. (NYSE: QCP) (“Quality Care
Properties” or the “Company”) relating to the proposed buyout of the
Company by Welltower, Inc.
Under the terms of the agreement, Quality Care Properties shareholders
are anticipated to receive $20.75 in cash for each share of Quality Care
Properties common stock held. The firm’s investigation seeks to
determine, among other things, whether the Company’s Board of Directors
failed to satisfy their duties to shareholders, including whether the
Board adequately pursued alternatives to the acquisition and whether the
Board obtained the best price possible for the Company’s shares of
If you currently own common stock of Quality Care Properties and believe
that the proposed buyout price is too low, and you would like to learn
more about the investigation being conducted, without cost or obligation
to you, please contact Brower Piven either by email at email@example.com
or by telephone at (410) 415-6616.
Attorneys at Brower Piven have extensive experience in litigating
securities and other class action cases and have been advocating for the
rights of shareholders since the 1980s.
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