Faruqi & Faruqi, LLP, Partner Juan E. Monteverde Launches an Investigation of CapLease, Inc. Over the Proposed Sale of the Company to American Realty Capital Properties, Inc.

NEW YORK--(BUSINESS WIRE)--Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of CapLease, Inc. (“CapLease” or the “Company”) (NYSE: LSE) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to American Realty Capital Properties, Inc. (NasdaqGS: ARCP) in a deal valued at approximately $2.2 billion. Under the terms of the proposed transaction, CapLease’s stockholders will receive $8.50 in cash for each share of CapLease common stock they own.