NEW YORK, Oct. 2, 2013
/PRNewswire/ -- Bernstein Liebhard LLP is investigating whether the
Board of Directors of Thomas Properties Group, Inc. ("Thomas
Properties" or the "Company") (NYSE: TPGI) breached its fiduciary
duty to its shareholders in agreeing to sell Thomas Properties to
Parkway Properties, Inc. ("Parkway").
(Logo: http://photos.prnewswire.com/prnh/20120202/MM47134LOGO
)
Under the terms of the agreement, Thomas Properties shareholders
will receive 0.3822 shares of newly issued Parkway common stock in
exchange for each share they own. The investigation is
focused on the potential unfairness of the price to Thomas
Properties shareholders and the process by which the Thomas
Properties Board of Directors considered and approved the
transaction.
If you are interested in discussing your rights as a Thomas
Properties stockholder, with no obligation or cost to you, please
contact U. Seth Ottensoser at:
(877) 779-1414
or
Ottensoser@bernlieb.com.
Bernstein Liebhard LLP has pursued hundreds of securities,
consumer and shareholder rights cases and recovered over
$3 billion for its clients. It
has been named to The National Law Journal's "Plaintiffs'
Hot List" in each of the last ten years.
Bernstein Liebhard LLP
10 East 40th Street
New York, New York 10016
(877) 779-1414
www.bernlieb.com
ATTORNEY ADVERTISING. © 2013 Bernstein Liebhard LLP. The
law firm responsible for this advertisement is Bernstein Liebhard
LLP, 10 East 40th Street, New York, New
York 10016, (212) 779-1414. The lawyer responsible for
this advertisement in the State of
Connecticut is Michael S. Bigin. Prior results do not
guarantee or predict a similar outcome with respect to any future
matter.
SOURCE Bernstein Liebhard LLP