SHAREHOLDER ALERT: Weiss Law Investigates AlerisLife Inc.

Provided By PR Newswire

Last update: Feb 6, 2023

NEW YORK, Feb. 6, 2023 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of AlerisLife Inc. ("AlerisLife" or the "Company") (NASDAQ: ALR) in connection with the proposed acquisition of the Company by ABP Acquisition LLC via tender offer. Under the terms of the merger agreement, the Company's shareholders will receive $1.31 in cash for each share of AlerisLife common stock owned.