Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Owens Realty Mortgage, Inc. (“ORM”) (NYSE: ORM) to Ready Capital Corporation (“Ready Capital”) (NYSE: RC). Under the terms of the proposed transaction, shareholders of ORM will receive only 1.441 shares of Ready Capital for each share of ORM that they own, subject to certain adjustments. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (firstname.lastname@example.org) toll free at any time at 855-768-1857, or click here.