Retail Properties of America, Inc. (NYSE - RPAI)

Retail Properties of America, Inc. (NYSE – RPAI)

SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Retail Properties of America, Inc. (NYSE – RPAI)

BALA CYNWYD – July 19, 2021 /Access Wire/ – Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Retail Properties of America, Inc. (“Retail Properties” or the “Company”) (NYSE -RPAI) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the agreement to be acquired by Kite Realty Group Trust (“Kite”) (NYSE – KRG). Under the terms of the merger agreement, Retail Properties shareholders will receive only 0.6230 newly issued Kite shares for each share of Retail Properties they own. Based on the closing share price of Zoom as of July 16, 2021, this represents a per share price for Retail Properties common stock of $12.97.

The investigation concerns whether the Retail Properties Board breached its fiduciary duties to Retail Properties shareholders and whether Kite is paying too little for the Company.

If you own shares of Retail Properties stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, Two Bala Plaza, Suite 805, Bala Cynwyd, PA 19004, or call toll free 855-576-4847.

Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

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