Maryland-Based Law Firm Brower Piven Announces Investigation of MPG Office
Trust, Inc. Proposed Buyout
STEVENSON, Md. -- April 26, 2013
The securities litigation firm of Brower Piven, A Professional Corporation,
has commenced an investigation into possible breaches of fiduciary duty to
current shareholders of MPG Office Trust, Inc. (“MPG” or the “Company”) (NYSE:
MPG) and other violations of state law by the board of directors of MPG
relating to the proposed acquisition of the Company by a newly formed fund
controlled by Brookfield Office Properties Inc. The firm’s investigation seeks
to determine, among other things, whether MPG’s board of directors breached
their fiduciary duties by failing to maximize shareholder value.
According to the press release announcing the proposed buyout, MPG
shareholders will receive $3.15 in cash for each share of common stock they
own. According to Yahoo! Finance, at least one analyst has set a price target
of $3.50 per MPG share.
If you currently own common stock of MPG and would like to learn more about
the investigation being conducted by Brower Piven, you may email or call
Brower Piven, who will, without obligation or cost to you, attempt to answer
your questions. You may contact Brower Piven by email at
email@example.com, by calling (410) 415-6616, or at Brower Piven, A
Professional Corporation, 1925 Old Valley Road, Stevenson, Maryland 21153.
Brower Piven is the only firm headquartered in Maryland with a practice
dedicated primarily to shareholder class action litigation. Attorneys at
Brower Piven have combined experience litigating securities and other class
action cases of over 60 years.
Brower Piven, A Professional Corporation
Charles J. Piven, 410-415-6616
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