NEW YORK--(BUSINESS WIRE)--Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Strategic Hotels & Resorts, Inc. (“Strategic Hotels” or the “Company”) (NYSE:BEE) for potential breaches of fiduciary duties in connection with the sale of the Company to Blackstone Real Estate Partners VIII for approximately $6 billion in a cash transaction. The Company’s stockholders will only receive $14.25 for each share of Co