Maryland-Based Law Firm Brower Piven Announces Investigation of CapLease, Inc. Proposed Buyout

STEVENSON, Md.--(BUSINESS WIRE)--The securities litigation firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty to current shareholders of CapLease, Inc. (“CapLease” or the “Company”) (NYSE: LSE) and other violations of state law by the board of directors of CapLease relating to the proposed buyout of the Company by American Realty Capital Properties, Inc. The firm’s investigation seeks to determine, among other things, whether the board of directors of CapLease breached their fiduciary duties by failing to maximize shareholder value.