SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Monmouth Real Estate Investment Corp.
NEW YORK, May 7, 2021 / PRNewswire / – Juan Monteverde, Founder and Managing Partner at Monteverde & Associates PC, a national securities firm ranked Top 50 in the ISS Securities Class Action Services Report 2018-2020 and headquartered in the Empire State Building in New York Cityinvestigates Monmouth Real Estate Investment Corp. (“MNR” or the “Company”) (MNR) in connection with the proposed acquisition by Equity Commonwealth. Under the terms of the agreement, MNR shareholders will receive 0.67 common shares for each share they own.
The investigation is focused on whether Monmouth Real Estate Investment Corp. and its board of directors has violated securities laws and / or violated their fiduciary duty to the Company by 1) failing to conduct a fair trial and 2) determining whether the transaction was properly valued.
For more information, click here: https://www.monteverdelaw.com/case/monmouth-real-estate-investment-corp. It’s free and there are no costs or obligations for you.
About Monteverde & Associates PC
We are a national class action law firm that has recovered millions of dollars and is committed to protecting shareholders from corporate misconduct. We were named in the top 50 in the ISS Securities Class Action Services 2018-2020 report. Our attorneys have extensive experience in litigation in mergers and acquisitions as well as in class action lawsuits against securities. Mr. Monteverde is recognized by Super Lawyers as a rising star in securities litigation in 2013, 2017-2019, an award given to less than 2.5% of attorneys in any given field. He was also selected by Martindale-Hubbell Best Rated Lawyer 2017-2020. Our firm’s recent successes include changing the law into a major victory that lowered the liability standard under Section 14 (e) of the Stock Exchange Act in the ninth circuit. Thereafter, our company successfully saved that victory by winning the dismissal of an improvised Certiorari letter in the United States Supreme Court. Emulex Corp. against Varjabedian, 139 S. Ct. 1407 (2019). In addition, the company has withdrawn or secured more than a dozen common funds for shareholders in class action lawsuits in mergers and acquisitions over the years.
If you owned common stock in the company and would like additional information and protect your investments for free, please visit our website or contact Juan E. Monteverde, Esq. either by email to [email protected] or by phone at (212) 971-1341.
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
Tel .: (212) 971-1341
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