ACRES Commercial Realty Investor Alert: Kahn Swick & Foti, LLC Investigates ACRES Commercial Realty Corp. - ACRFormer Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the merger of ACRES Commercial Realty Corp. (
NYSE: ACR) ("ACR" or the "Company") and ACRES Capital Corp. ("ACC") pursuant to which ACR will acquire ACC in an all-stock transaction. Under the terms of the proposed transaction, upon closing of the Merger, the Company will issue approximately 7.5 million shares of ACR's common stock to ACC stockholders as merger consideration. KSF is seeking to determine whether the merger and the process that led to it are adequate and fair to the Company’s shareholders.
