Liberty Property Trust
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LIBERTY PROPERTY MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF LIBERTY PROPERTY TRUST IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – LPT
October 28, 2019.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Liberty Property Trust (NYSE: LPT) to Prologis, Inc. (“Prologis”) for 0.675x of a Prologis share for each Liberty share is fair to Liberty shareholders. On behalf of Liberty shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
The Liberty merger investigation concerns whether Liberty and its Board of Trustees violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for Liberty shareholders; (2) determine whether Prologis is underpaying for Liberty; and (3) disclose all material information necessary for Liberty shareholders to adequately assess and value the merger consideration.
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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