NOTICE TO SHAREHOLDERS: Brodsky & Smith Announces Investigation into Capstead Mortgage Corporation (NYSE

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BALA CYNWYD, PA / ACCESSWIRE / July 28, 2021 / Brodsky & Smith Law Firm announces that it is investigating potential lawsuits against the Board of Directors of Capstead Mortgage Corporation (“Capstead Mortgage” or “Company”) (NYSE: CMO) for possible violations of fiduciary obligations and other violations of federal and state law … of the law in connection with an agreement to be acquired by Benefit Street Partners Realty Trust, Inc. (“BSPRT”). Under the terms of the agreement, holders of Capstead common shares will receive a cash payment equal to 15.75% of the premium on the diluted book value of Capstead per share and BSPRT common stock calculated on an adjusted “book value” basis. The carrying amount of Capstead and BSPRT Partners used to calculate the cash consideration and conversion ratio will be set as of the date prior to the close of the trade.

The investigation concerns whether the Capstead Mortgage Board has violated its fiduciary obligations to shareholders by not following a fair process, and whether BSPRT is paying the company too little.

If you own Capstead Mortgage stock and would like to discuss the legal implications of an investigation or have any questions, you can email or call Brodsky & Smith Law Firm, which will attempt to answer your questions. You can contact Jason L. Brodsky, Esquire, or Mark L. Ackerman, Esquire at Brodsky & Smith, Two Bala Plaza, Suite 805, Bala Cynwyd, PA 19004, visit https://www.brodskysmith.com/cases/capstead-mortgage-corporation-nyse-cmo/or call toll free 855-576-4847.

Brodsky & Smith is a litigation law firm with extensive experience representing shareholders nationwide in securities and class action litigation. Brodsky & Smith’s attorneys have been appointed by numerous courts across the country as leading class action lawyers and have successfully collected millions of dollars for our clients and shareholders. Lawyer advertising. Previous results do not guarantee a similar outcome.

SOURCE: Brodsky & Smith, OOO

See the original version at accesswire.com:
https://www.accesswire.com/657420/SHAREHOLDER-NOTICE-Brodsky-Smith-Announces-an-Investigation-of-Capstead-Mortgage-Corporation-NYSE–CMO

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