SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of Claims of Breaches of Fiduciary Duty by the Board of MPG Office
May 06 2013 - 2:06PM
Levi & Korsinsky notifies investors of MPG Office Trust, Inc.
("MPG" or the "Company") (NYSE:MPG) of claims of breaches of
fiduciary duty and other violations of state law against the board
of directors of the Company in connection with the sale of the
Company to DTLA Holdings, a newly-formed fund controlled by
Brookfield Office Properties Inc. (NYSE:BPO) (TSX:BPO). A case was
filed in California state court.
Click here to learn more about the investigation
http://zlk.9nl.com/mpg-office-trust-mpg/, or call:
877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, MPG shareholders will
receive $3.15 for each share of MPG stock they own. The claims
concern whether the MPG Board of Directors breached their fiduciary
duties to stockholders by failing to adequately shop the Company
before agreeing to enter into the transaction, and whether
Brookfield Office Properties Inc. is underpaying for MPG stock,
thus unlawfully harming MPG stockholders. In particular, at least
one analyst set a price target for MPG stock at $3.50 per
share.
If you own common stock in MPG and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email
at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free:
(877) 363-5972, or visit
http://zlk.9nl.com/mpg-office-trust-mpg/.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey and Washington D.C. The firm has extensive
expertise in prosecuting securities litigation involving financial
fraud, representing investors throughout the nation in securities
and shareholder lawsuits. The attorneys at Levi & Korsinsky
have been appointed by numerous courts throughout the country to
serve as lead counsel on behalf of shareholders in major securities
lawsuits and have successfully recovered multimillion-dollar
damages awards on behalf of investors. For more information, please
feel free to contact any of the attorneys listed below. Attorney
advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
Brookfield (NYSE:BPO)
Historical Stock Chart
From Aug 2024 to Sep 2024
Brookfield (NYSE:BPO)
Historical Stock Chart
From Sep 2023 to Sep 2024