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NEW YORK, — Rowley Law PLLC is investigating potential claims against LaSalle Hotel Properties (NYSE: LHO) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Blackstone. Stockholders will receive $33.50 for each share of LaSalle Hotel Properties stock that they hold. The transaction is valued at approximately $4.8 billion and is expected to close third quarter of 2018.
Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation. For more information about the firm and its attorneys, please visit http://www.rowleylawpllc.com.
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