SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of Claims of
Breaches of Fiduciary Duty by the Board of MPG Office Trust, Inc. in
Connection With the Sale of the Company to Brookfield Office Properties Inc.
NEW YORK, May 6, 2013 (GLOBE NEWSWIRE) -- 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 firstname.lastname@example.org or by
telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit
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
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
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