NEW YORK, July 31, 2018 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:
To: All Persons or Entities who purchased Forest City Realty Trust, Inc. (“Forest City Realty”
or the “Company”) (NYSE: FCE-A) stock prior to July 31, 2018.
You are hereby notified that Levi & Korsinsky, LLP has commenced
an investigation into the fairness of the sale of Forest City
Realty to Brookfield Asset Management Inc. (NYSE: BAM) for $25.35 per share. To learn more about the action and your
rights, go to:
http://www.zlk.com/mna/forest-city-realty-trust-inc
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no
cost or obligation to you.
The Forest City Realty merger investigation concerns whether the Board of Forest City Realty breached their fiduciary duties to
stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Brookfield
Property Asset Management Inc. is underpaying for Forest City Realty shares, thus unlawfully harming Forest City Realty
shareholders. Investors owning approximately 14% of Forest City Realty’s outstanding shares have agreed to tender their shares in
favor of the transaction.
Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys
have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the
nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders.
For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
