(RESI): Johnson Fistel Investigates Proposed Sale of Front Yard Residential; Is $13.50 a Fair Price

SAN DIEGO, Oct. 19, 2020

On October 19, 2020, Front Yard announced that they had entered into a definitive merger agreement with Pretium and Ares. Under the terms of the deal, Front Yard stockholders will receive $13.50 in cash per share.

The investigation concerns whether the Front Yard board failed to satisfy its duties to the Company shareholders, including whether the board adequately pursued alternatives to the acquisition and whether the board obtained the best price possible for Front Yard shares of common stock.

If you are a shareholder of Front Yard and believe the proposed buyout price is too low or you're interested in learning more about the investigation, please contact lead analyst Jim Baker (jimb@johnsonfistel.com) at 619-814-4471. If emailing, please include a phone number.

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About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit https://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.

Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
jimb@johnsonfistel.com