To: All Persons or Entities who purchased LaSalle Hotel Properties (“LaSalle” or the “Company”) (NYSE: LHO) stock prior to May 21, 2018. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the LaSalle merger. LaSalle will be sold to Blackstone Real Estate Partners VIII for $33.50 per share. To learn more about the LHO merger and your rights, go to: http://www.zlk.com/mna/lasalle-hotel-properties or contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.
The investigation concerns whether the Board of LaSalle breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Blackstone Real Estate Partners VIII is underpaying for LaSalle shares, thus unlawfully harming LaSalle shareholders.
Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.