Capstead Mortgage Merger Investigation: Halper Sadeh LLP

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NEW YORK, July 26, 2021 (GLOBE NEWSWIRE) – Halper Sadeh LLP, an international investor rights law firm, is investigating whether the sale of Capstead Mortgage Corporation (NYSE: CMO) to Benefit Street Partners Realty Trust, Inc. fair to Capstead Shareholders. Under the terms of the agreement, holders of Capstead common stock will receive a cash payment equal to 15.75% of the premium over the diluted book value of Capstead per share and Benefit Street Partners common stock calculated on an adjusted book basis. The carrying amount of Capstead and Benefit Street Partners used to calculate the cash consideration and conversion ratio will be set at the date prior to the close of the deal.

Halper Sade calls on Capstead shareholders click here to find out more about their legal rights and possibilities or contact Daniel Sade or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com

The investigation concerns whether Capstead and its board of directors violated federal securities laws and / or their fiduciary obligations to shareholders by failing, among other things: (1) to obtain the best possible compensation for Capstead shareholders; (2) determine if Benefit Street Partners Capstead is underpaid; and (3) disclose all material information required by Capstead shareholders to adequately assess and assess the value of the merger. On behalf of Capstead shareholders, Halper Sadeh LLP may request increased shareholder compensation, additional disclosures and information about the proposed transaction, or other remedies and benefits.

Halper Sade calls on Capstead shareholders click here to find out more about their legal rights and possibilities or contact Daniel Sade or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com

Halper Sadeh LLP represents investors around the world who are victims of securities fraud and corporate misconduct. Our attorneys have been instrumental in driving corporate reforms and recovering millions of dollars on behalf of defrauded investors.

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Contact Information:
Halper Sade LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com

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