Market Overview

SHAREHOLDER ALERT: Brower Piven Commences an Investigation into the Proposed Sale of Forest City Realty Trust, Inc. and Encourages Investors to Contact the Firm for Additional Information

Share:

The securities litigation law firm of Brower Piven, A Professional
Corporation, has commenced an investigation into possible breaches of
fiduciary duty and other violations of state law by the Board of
Directors of Forest City Realty Trust, Inc. (NYSE:FCE) ("Forest City"
or the "Company") relating to the proposed buyout of Forest City by
Brookfield Asset Management Inc.

Under the terms of the agreement, Forest City shareholders are
anticipated to receive $25.35 in cash for each share of Forest City
Realty Trust common stock held. The firm's investigation seeks to
determine, among other things, whether the Company's Board of Directors
failed to satisfy their duties to shareholders, including whether the
Board adequately pursued alternatives to the acquisition and whether the
Board obtained the best price possible for the Company's shares of
common stock.

If you currently own common stock of Forest City and believe that the
proposed buyout price is too low, and you would like to learn more about
the investigation being conducted, without cost or obligation to you,
please contact Brower Piven either by email at hoffman@browerpiven.com
or by telephone at (410) 415-6616.

Attorneys at Brower Piven have extensive experience in litigating
securities and other class action cases and have been advocating for the
rights of shareholders since the 1980s.

View Comments and Join the Discussion!