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SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of American Residential Properties, Inc. (ARPI) Over the Proposed Sale of the Company to American Homes 4 Rent

NEW YORK--(BUSINESS WIRE)--Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of American Residential Properties, Inc. (“American Residential” or the “Company”) (NYSE:ARPI) for potential breaches of fiduciary duties in connection with the sale of the Company to American Homes 4 Rent for approximately $1.3 billion.