Market Overview

Harwood Feffer LLP Announces Investigation of Monogram Residential Trust, Inc.

Share:

NEW YORK, July 10, 2017 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Monogram Residential Trust, Inc. ("Monogram" or the "Company") (NYSE: MORE) concerning the proposed acquisition of the Company by Greystar Growth and Income Fund, LP ("Greystar").

Harwood Feffer LLP. (PRNewsFoto/Harwood Feffer LLP)

Under the terms of the offer, Greystar would acquire Monogram in a transaction valued at approximately $3 billion.  Pursuant to the deal, Monogram stockholders will receive $12.00 per share.  At least one Wall Street analyst has set a target price for Monogram stock of $12.50 per share.

Our investigation concerns whether the Monogram board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders. 

If you own Monogram shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Benjamin I. Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: bsachsmichaels@hfesq.com 
Website: http://www.hfesq.com 
Follow us on Twitter: @HarwoodFeffer

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.

Attorney Advertising. The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.

View original content with multimedia:http://www.prnewswire.com/news-releases/harwood-feffer-llp-announces-investigation-of-monogram-residential-trust-inc-300485618.html

SOURCE Harwood Feffer LLP

View Comments and Join the Discussion!
 
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com