NEW YORK, Oct. 30, 2017 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against CalAtlantic Group, Inc. (NYSE: CAA) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Lennar Corporation. CalAtlantic Group, Inc. shareholders will receive 0.885 shares of Lennar Corporation common stock for each share of CalAtlantic Group, Inc. they hold, or they can choose to receive $48.26 per share in cash, with up to $1.16 billion being paid in cash. The transaction is valued at approximately $9.3 billion in total.

If you are a shareholder of CalAtlantic Group, Inc. and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/calatlantic. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at [email protected], or by telephone at 914-400-1920 or 844-400-4643 (toll-free).

Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation. For more information about the firm and its attorneys, please visit http://www.rowleylawpllc.com.

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SOURCE Rowley Law PLLC