PR Newswire | Nov 11, 2021 11:40PM EST

Kahn Swick & Foti, LLC Investigates Merger of Independence Realty Trust, Inc. - IRT

11/11 22:40 CST

INDEPENDENCE REALTY INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Merger of Independence Realty Trust, Inc. - IRT NEW ORLEANS, Nov. 11, 2021

NEW ORLEANS, Nov. 11, 2021 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed merger of Independence Realty Trust, Inc. (NYSE: IRT) ("the Company") with Steadfast Apartment REIT, Inc., pursuant to which Independence shareholders are expected to own approximately 50% of the combined company on a pro forma basis. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger 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 (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nyse-irt/ to learn more.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

Kahn Swick & Foti, LLC1100 Poydras St., Suite 3200New Orleans, LA 70163

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SOURCE Kahn Swick & Foti, LLC