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TheGrantLawFirm, PLLC and Stull, Stull & Brody Filed a Class Action on Behalf of American Realty Capital Healthcare Trust, Inc. (NASDAQ:HCT) Shareholders Entitled to Vote on the Transaction Described Below

2014-11-20 21:00 ET - News Release

NEW YORK, Nov. 20, 2014 (GLOBE NEWSWIRE) -- TheGrantLawFirm, PLLC and Stull, Stull & Brody filed a lawsuit seeking class action status on behalf of all shareholders of American Realty Capital Healthcare Trust, Inc. (Nasdaq:HCT) ("HCT") who will be entitled to vote (the "Class") on the merger between HCT and Ventas, Inc. (the "Transaction") against HCT's Board of Directors, among others, in the United States District Court for the District of Maryland, Civil Action No. 1:14-cv-02019-GLR. A copy of the operative complaint ("Complaint") may be obtained from the Court, from Lynda J. Grant (t/212-292-4441) or Jason D'Agnenica (t/1-800-337-4983).

Among other claims, the Complaint charges that certain of the defendants violated Sections 14(a) and 20(a) of the Securities Exchange Act of 1934, and SEC Regulation 14a-9, by attempting to solicit shareholder approval for the Transaction by way of a materially false and misleading proxy, which will result in injury to Plaintiff and the proposed Class.

Plaintiff seeks to recover damages on behalf of Class members and/or to enjoin the Transaction, and is represented by the TheGrantLawFirm, PLLC and Stull, Stull & Brody, which have significant experience and expertise in prosecuting class actions on behalf of investors and shareholders, as described below.

If you are a member of the Class described above, you may, no later than 60 days from today (January 19, 2015), move the Court to serve as lead plaintiff. In order to serve as lead plaintiff, you must meet certain legal requirements. Any member of the proposed Class may move the Court to serve as lead plaintiff in this action through counsel of his or her choice, or may remain an absent Class member. There are certain legal requirements to serve as lead plaintiff, which we would be pleased to discuss with you.

A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. In order to be appointed lead plaintiff, the Court must determine that the class member's claim is typical of the claims of other class members, and that the class member will adequately represent the class. Under certain circumstances, one or more class members may together serve as "lead plaintiff." Your ability to share in any recovery is not affected by the decision whether to serve as a lead plaintiff.

You may retain TheGrantLawFirm, PLLC and/or Stull, Stull & Brody, or other counsel of your choice, to serve as your counsel in this action.

For 30 years, Lynda J. Grant has represented aggrieved investors and consumers in a variety of actions including: securities fraud class actions; derivative actions; and unfair mergers and acquisitions. She has been the chair of the American Bar Association's Securities Litigation and Class and Derivative Actions Committees, and is a frequent speaker and writer on class and derivative action topics. In October 2014, Lynda J. Grant was selected as a 2014 New York Metro Super Lawyer. TheGrantLawFirm recently celebrated its fifth anniversary.

Stull, Stull & Brody is a major force in the class action field and has litigated class actions for violations of securities laws in federal courts for over 40 years, obtaining multi-millions of dollars in court approved settlements. Stull, Stull & Brody maintains offices in New York and Beverly Hills.

If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Lynda J. Grant at 212-292-4441 or e-mail her at lgrant@grantfirm.com or contact Stull, Stull & Brody by calling Howard T. Longman or Jason D'Agnenica at 1-800-337-4983, or by email to hct@ssbny.com. You can also visit our websites at www.grantfirm.com and www.ssbny.com.

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