SHAREHOLDER ALERT: WeissLaw LLP Investigates Front Yard Residential Corporation

NEW YORK, Oct. 21, 2020 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Front Yard Residential Corporation ("Front Yard" or the "Company") (NYSE: RESI) in connection with the proposed acquisition of the Company by a partnership led by Pretium Partners, LLC and Ares Management Corporation.   Under the terms of the merger agreement, Front Yard shareholders will receive $13.50 per share in cash. 

WeissLaw LLP (PRNewsfoto/WeissLaw LLP)

If you own RESI shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:
https://www.weisslawllp.com/resi/

Or please contact:
Joshua Rubin, Esq.
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY  10036
(212) 682-3025
(888) 593-4771

stockinfo@weisslawllp.com

WeissLaw is investigating whether Front Yard's board acted in the best interest of the Company's public shareholders in agreeing to the proposed transaction, whether the board was fully informed as to the valuation of the proposed acquisition of the Company, and whether all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed to Front Yard stockholders.

WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties.  We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases.  If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com

 

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SOURCE WeissLaw LLP

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