NEW YORK, Sept. 29, 2016 /PRNewswire/ -- The following
statement is being issued by Levi & Korsinsky, LLP:
To: All Persons or Entities who purchased WCI Communities
Inc. ("WCI") (NYSE: WCIC) stock prior to September 22, 2016.
You are hereby notified that Levi & Korsinsky, LLP
has commenced an investigation into the fairness of
the sale of WCI Communities to Lennar Corp. Under
the terms of the transaction, WCI communities shareholders will
receive $11.75 in cash and a fraction
of a share of Lennar Class A common stock (valued at $11.75) for each share of WCI Communities stock
they own, representing a value of approximately $23.50 per share. Lennar also has the option of
varying the proportions of the merger consideration, including
paying the entire consideration in cash. To learn more about the
action and your rights, go to:
http://zlk.9nl.com/wci-communities-wcic
or contact Joseph E. Levi, Esq.
either via email at jlevi@zlk.com or by telephone at (212)
363-7500, toll-free: (877) 363-5972. There is no cost or
obligation to you.
Levi & Korsinsky is a national firm with offices in
New York, New Jersey, Connecticut, California, and Washington D.C. The firm's attorneys have
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities lawsuits and have recovered hundreds of millions of
dollars for aggrieved shareholders. For more information,
please feel free to contact any of the attorneys listed below.
Attorney advertising. Prior results do not guarantee similar
outcomes.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
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