LSI Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Life Storage, Inc. Is Fair to Shareholders

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Life Storage, Inc. (NYSE: LSI) to Extra Space Storage Inc. for 0.8950 Extra Space shares for each Life Storage share is fair to Life Storage shareholders. At closing, Life Storage shareholders are expected to own approximately 35% of the combined company.

Halper Sadeh encourages Life Storage shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

The investigation concerns whether Life Storage and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Life Storage shareholders; (2) determine whether Extra Space is underpaying for Life Storage; and (3) disclose all material information necessary for Life Storage shareholders to adequately assess and value the merger consideration. On behalf of Life Storage shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

Halper Sadeh encourages Life Storage shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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