ALERISLIFE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of AlerisLife Inc. - ALR

Feb 24, 2023

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of AlerisLife Inc. (NasdaqCM: ALR) to ABP Acquisition LLC. Under the terms of the proposed transaction, shareholders of AlerisLife will receive $1.31 in cash for each share of AlerisLife that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

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