LQ La Quinta Holdings Inc.

INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investigation Concerning Whether the Sale of La Quinta Holdings Inc. to Wyndham Worldwide Corporation is Fair to Shareholders

The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased La Quinta Holdings Inc. (“La Quinta” or the “Company”) (NYSE: LQ) stock prior to January 18, 2018.

You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of La Quinta to Wyndham Worldwide Corporation for $8.40 per share. As part of the transaction, La Quinta will spin off its owned real estate assets into a publicly-traded real estate investment trust. To learn more about the action and your rights, go to:

http://www.zlkdocs.com/LQ-Info-Request-Form-ma-6440

or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The investigation concerns whether the Board of La Quinta breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Wyndham Worldwide Corporation is underpaying for La Quinta shares, thus unlawfully harming La Quinta shareholders.

Levi & Korsinsky is a national firm with offices in New York, 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.

EN
07/02/2018

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on La Quinta Holdings Inc.

The Corporate Restructuring Report-La Quinta Holdings Inc. (LQ) & Core...

On May 30th, 2018, La Quinta Holdings Inc. completed the spin-off of its real estate assets into a separate public company, CorePoint Lodging Inc (CPLG). The parent retained the hotel franchise and management business and merged with Wyndham Worldwide Corporation.  Post-merger, La Quinta ceased to trade on the  NYSE and became a wholly-owned subsidiary of Wyndham Hotels & Resorts Inc.  The spin-off was taxable and announced on  January 18, 2017. The spin-off is in line with similar steps taken b...

 PRESS RELEASE

INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Investors of a Complain...

NEW YORK--(BUSINESS WIRE)-- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased La Quinta Holdings Inc. (“La Quinta” or the “Company”) (NYSE: LQ) stock prior to January 18, 2018. You are hereby notified that a complaint has been filed in the Northern District of Texas challenging the fairness of the sale of La Quinta to Wyndham Worldwide Corporation for $8.40 per share. As part of the transaction, La Quinta will spin off its owned real estate assets into ...

 PRESS RELEASE

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors of an Inves...

NEW YORK--(BUSINESS WIRE)-- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased La Quinta Holdings Inc. (“La Quinta” or the “Company”) (NYSE:LQ) stock prior to January 18, 2018. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of La Quinta to Wyndham Worldwide Corporation for $8.40 per share. As part of the transaction, La Quinta will spin off its owned real estate assets into a publicly-trade...

Paul McCann
  • Paul McCann

La Quinta (LQ) Reports Weak 4Q17 Results

On February 28, 2018, La Quinta Holdings Inc. (NYSE: LQ, $18.88, Market Capitalization: $2.2 billion) reported 4Q17 results and held a conference call. Our report elaborates on the same.  Company Description La Quinta Holdings Inc. (Parent) La Quinta Holdings Inc. (LQ) is an owner, operator and franchisor of select-service hotels primarily serving the upper-midscale and midscale segments under the La Quinta brand. As of December 31, 2017, the company’s system-wide portfolio consists of 902 pr...

 PRESS RELEASE

LA QUINTA HOLDINGS INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Anno...

WILMINGTON, Del.--(BUSINESS WIRE)-- Rigrodsky & Long, P.A.: Do you own shares of La Quinta Holdings Inc. (NYSE: LQ)? Did you purchase any of your shares prior to January 18, 2018? Do you think the proposed acquisition is fair? Do you want to discuss your rights? Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of La Quinta Holdings Inc. (“La Quinta” or the “Company”) (NYSE: LQ) reg...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch