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8-K - FORM 8-K - TIPTREE INC. | y04450e8vk.htm |
FOR IMMEDIATE RELEASE
MONDAY, JANUARY 24, 2011
CARE INVESTMENT TRUST INC. ANNOUNCES FINAL RESOLUTION OF BRIARWOOD CLASS ACTION LAWSUIT
NEW YORK January 24, 2011 Care Investment Trust Inc. (OTCQX: CVTR) (Care or the
Company), a real estate investment and finance company that invests in healthcare-related real
estate, today announced that the class action lawsuit (the Action) filed against it in 2007 in
connection with the Companys IPO (Briarwood v. Care) has been fully and finally resolved.
Salvatore (Torey) V. Riso, President and Chief Executive Officer, said We are pleased this lawsuit
has been resolved in full so that the Company can continue to focus on its future growth.
About Care Investment Trust
Care Investment Trust Inc. is a real estate investment and finance company investing in
healthcare-related real estate.
Safe Harbor Statement
This release contains forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. All forward-looking statements involve risks, uncertainties and
contingencies, many of which are beyond Care Investment Trust Inc.s control, which may cause
actual results, performance, or achievements to differ materially from anticipated results,
performance, or achievements. All statements contained in this release that are not clearly
historical in nature are forward-looking, and the words anticipate, believe, estimate,
expect, plan, target, and similar expressions are generally intended to identify
forward-looking statements. Economic, business, funding market, competitive and/or regulatory
factors, among others, affecting Care Investment Trust Inc.s businesses are examples of factors
that could cause actual results to differ materially from those described in the forward-looking
statements in addition to those factors specified in Care Investment Trust Inc.s Annual Report on
Form 10-K/A, as well as Care Investment Trust Inc.s Quarterly Reports on Form 10-Q. Care
Investment Trust Inc. is under no obligation to (and expressly disclaims any such obligation to)
update or alter its forward-looking statements, whether as a result of new information, future
events or otherwise.
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For more information on the Company, please visit the Companys website at www.carereit.com
FOR FURTHER INFORMATION:
AT CARE INVESTMENT TRUST:
Torey Riso
President & Chief Executive Officer
(212) 446-1414
triso@carereit.com
President & Chief Executive Officer
(212) 446-1414
triso@carereit.com
Steve Sherwyn
Chief Financial Officer & Treasurer
(212) 446-1407
ssherwyn@carereit.com
Chief Financial Officer & Treasurer
(212) 446-1407
ssherwyn@carereit.com
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