INVESTOR ALERT Levi & Korsinsky, LLP Announces Investigation of BRE Properties Inc. and Its Board of Directors In Relation to the Sale of the Company to Essex Property Trust Inc.

NEW YORK--(BUSINESS WIRE)--

Levi & Korsinsky is investigating the Board of Directors of BRE Properties Inc. (“BRE” or “the Company”) BRE for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Essex Property Trust Inc. ESS.

Click here to learn more about the action http://zlk.9nl.com/bre-properties-bre/, or call: 877-363-5972. There is no cost or obligation to you.

Under the terms of transaction, BRE shareholders will receive 0.2971 newly-issued shares of Essex common stock plus $12.33 in cash, representing a value of approximately $56.21 per share. The transaction has a total approximate value of $4.34 billion. The investigation concerns whether the BRE Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Essex Property Trust is underpaying for BRE shares. In particular, at least one analyst set a price target for BRE stock at $59.00 per share.

If you own BRE common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/bre-properties-bre/.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.