NEW YORK--(BUSINESS WIRE)--The following statement is being issued by Levi & Korsinsky, LLP:
To: All Persons or Entities who purchased DCT Industrial Trust Inc. (“DCT Industrial” or the “Company”) (NYSE: DCT) stock prior to April 29, 2018.
You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of DCT Industrial to Prologis, Inc. (NYSE: PLD). Under the terms of the transaction, DCT Industrial shareholders will receive 1.02 shares of Prologis for each share of DCT Industrial stock they own. Based on the closing price of Prologis on April 27, 2018, this represents a value of approximately $67.91 per share. To learn more about the action and your rights, go to:
or contact Joseph E. Levi, Esq. either via email at firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.
The investigation concerns whether the Board of DCT Industrial breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Prologis is underpaying for DCT Industrial shares, thus unlawfully harming DCT Industrial shareholders.
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.