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Shareholder Alert: Ademi & O'Reilly, LLP Investigates whether Liberty Property Trust has obtained a Fair Price in its sale to Prologis, Inc.

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MILWAUKEE, Oct. 28, 2019 /PRNewswire/ -- Ademi & O'Reilly, LLP is investigating Liberty (NYSE:LPT) for possible breaches of fiduciary duty and other violations of the law in connection with the sale of Liberty to Prologis.

Click here to learn how to join the action: http://ademilaw.com/case/liberty-property-trust or call Guri Ademi toll-free at 866-264-3995.  There is no cost or obligation to you.

Ademi & O'Reilly, LLP alleges Liberty's financial outlook is improving and yet shareholders will receive only 0.675x of a Prologis share for each Liberty share they own.  Prologis is acquiring Liberty at a substantial discount.  The merger agreement unreasonably limits competing bids for Liberty by prohibiting solicitation of further bids, and imposing a termination penalty if Liberty accepts a superior bid. Liberty insiders will receive millions of dollars as part of change of control arrangements. We are investigating on the conduct of Liberty' board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for Liberty.

If you own common stock in Liberty and wish to obtain additional information, please contact Guri Ademi either at gademi@ademilaw.com or toll-free: 866-264-3995, or http://ademilaw.com/case/liberty-property-trust.                       

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Ademi & O'Reilly, LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001

 

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SOURCE Ademi & O'Reilly, LLP

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