NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating the Board of Directors of DCT Industrial Trust Inc. (“DCT” or the “Company”) (NYSE:DCT) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Prologis, Inc. (NYSE:PLD). Under the terms of the deal, DCT stockholders will receive 1.02 shares of Prologis for each share of DCT stock they own. Based on the closing price of Prologis on April 27, 2018, this represents a value of approximately $67.91 per share.
The investigation concerns whether the DCT Board of Directors breached their fiduciary duties to DCT stockholders by failing to adequately shop the Company before entering into this transaction and whether Prologis is underpaying for DCT shares, thus unlawfully harming DCT stockholders.
If you own common stock in DCT and wish to obtain additional information, please contact Vincent Wong, Esq. either via email vw@wongesq.com, by telephone at 212.425.1140, or http://docs.wongesq.com/DCT-Info-Request-Form-1905.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
