|By PR Newswire||
|August 18, 2014 02:38 PM EDT||
BALA CYNWYD, Pa., Aug. 18, 2014 /PRNewswire/ -- Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of EVOQ Properties, Inc. ("EVOQ" or the "Company") (OTC –EVOQ-News) relating to the proposed acquisition by Atlas Capital Investors III, LLC, Square Mile Capital Management, LLC, and USAA Real Estate Company.
Click here to learn more about the investigation http://brodsky-smith.com/808-evoq-evog-properties-inc.html, or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, EVOQ shareholders will receive only $12.96 in cash for each share of EVOQ stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of EVOQ for not acting in the Company's shareholders' best interests in connection with the sale process. The transaction may undervalue the Company as EVOQ's portfolio includes more than two million square feet of rentable space and more than 13 total acres of prime development land in downtown Los Angeles. The EVOQ portfolio is currently positioned to take advantage of the remarkable revitalization of Downtown Los Angeles.
If you own shares of EVOQ stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at [email protected], by visiting http://brodsky-smith.com/808-evoq-evog-properties-inc.html, or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and case action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.
SOURCE Brodsky & Smith, LLC
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