Home Properties, Inc. (NYSE:HME) Shareholder Notice: Lawsuit Against Takeover

San Diego, CA -- (SBWIRE) -- 07/28/2015 -- An investor who currently holds shares of Home Properties, Inc. (NYSE:HME), filed a lawsuit in effort to halt the proposed takeover of Home Properties, Inc. by an affiliate of Lone Star Funds for $75.23 per share. The plaintiff alleges that the defendants breached their fiduciary duties owed to NYSE:HME stockholders by agreeing to sell Home Properties, Inc. too cheaply via an unfair process to an affiliate of Lone Star Funds.