Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 2.54 0.14%
NASDAQ 4,095.52 9.29 0.23%
Ticker Volume Price Price Delta
STOXX 50 3,155.81 16.55 0.53%
FTSE 100 6,625.25 41.08 0.62%
DAX 9,409.71 91.89 0.99%
Ticker Volume Price Price Delta
NIKKEI 14,512.38 -3.89 -0.03%
TOPIX 1,171.40 -1.97 -0.17%
HANG SENG 22,760.24 64.23 0.28%

SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Litigation and Investigation of MPG Office Trust, Inc. - MPG



SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Litigation and
                Investigation of MPG Office Trust, Inc. - MPG

PR Newswire

BALA CYNWYD, Pa., May 8, 2013

BALA CYNWYD, Pa., May 8, 2013 /PRNewswire/ -- Law office of Brodsky & Smith,
LLC announces that it is has filed litigation in the Superior Court of Los
Angeles County on behalf of the common shareholders and is investigating
potential claims that preferred shareholders may have against the Board of
Directors of MPG Office Trust, Inc. ("MPG" or the "Company") (NYSE: MPG)
relating to the proposed acquisition Brookfield Office Properties, Inc.
("Brookfield").

Click here to learn more about the investigation
http://brodsky-smith.com/577-mpg-mpg-office-trust-inc.html, or call
877-534-2590. There is no cost or obligation to you.

Under the terms of the transaction, MPG shareholders will receive only $3.15
in cash for each share of MPG stock they own. The agreement also provides that
MPG preferred shareholders will receive $25.00 in cash for each preferred
share the own. Alternatively, MPG preferred shareholders may opt to have their
MPG preferred shares converted into new preferred shares. However, if 66.6% or
more of the MPG preferred shares are tendered then Brookfield will have the
right to convert all remaining MPG preferred shares into $25.00 per preferred
share.

The investigation concerns possible breaches of fiduciary duty and other
violations of state law by the Board of Directors of MPG for not acting in the
Company's shareholders' best interests in connection with the sale process.
The transaction may undervalue MPG and will result in loss or no substantial
gain for many MPG shareholders.

If you own shares of MPG stock and wish to discuss the legal ramifications of
the proposed transaction, or have any questions, you may e-mail or call the
law office of Brodsky & Smith, LLC who will, without obligation or cost to
you, attempt to answer your questions.  You may contact Jason L. Brodsky,
Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza,
Suite 602, Bala Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com visiting
http://brodsky-smith.com/577-mpg-mpg-office-trust-inc.html, by calling toll
free 877-LEGAL-90.

Brodsky & Smith, LLC is a litigation law firm with extensive expertise
representing shareholders throughout the nation in securities and case action
lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous
courts throughout the country to serve as lead counsel in class actions and
successfully recovered millions of dollars for our clients and shareholders.
Attorney advertising. Prior results do not guarantee a similar outcome.

SOURCE Brodsky & Smith, LLC

Website: http://www.brodsky-smith.com
Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement