Bluerock Residential Growth REIT, Inc.
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BLUEROCK (BRG) STOCK ALERT: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF BLUEROCK RESIDENTIAL GROWTH REIT, INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – BRG
December 20, 2021.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Bluerock Residential Growth REIT, Inc. (NYSE: BRG) to affiliates of Blackstone Real Estate for $24.25 per share is fair to Bluerock shareholders.
The investigation concerns whether Bluerock and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Bluerock shareholders; (2) determine whether Blackstone is underpaying for Bluerock; and (3) disclose all material information necessary for Bluerock shareholders to adequately assess and value the merger consideration. On behalf of Bluerock shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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