DALLAS, Oct. 4, 2011 /PRNewswire/ -- Goldfarb Branham LLP is investigating whether the board of directors of Crexus Investment Corporation (NYSE: CXS) violated shareholder protection laws by potentially breaching fiduciary duties through engaging in unjust enrichment and wasting corporate assets. Concerned investors are encouraged to contact attorney Hamilton Lindley at 877-583-2855 or firstname.lastname@example.org about their rights and remedies.
"Crexus is operated by Annaly Capital Management, which allegedly caused Crexus to acquire certain high-risk assets that have severely diluted the value of Crexus stock," securities lawyer Hamilton Lindley said. "Additionally, the company is accused of turning down a merger proposal by Starwood Property Trust at $14.00 per share while the value of its stock continued its precipitous drop to $8.43 per share on as of September 13, 2011. Our proposed shareholder lawsuit will ensure that proper controls are placed to maximize the company's profitability through proper and legal business decisions."
Goldfarb Branham LLP lawyers have significant experience representing shareholders and whistleblowers in securities lawsuits nationwide. Crexus investors – or anyone with knowledge about this acquisition – should contact lawyer Hamilton Lindley at email@example.com or 877-583-2855.
Goldfarb Branham LLP
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Dallas, TX 75201
(877) 583-2855 Toll Free Telephone
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SOURCE Goldfarb Branham LLP
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