LXP Industrial Trust Common Stock (Maryland REIT) (LXP)

Insiders may stand to receive substantial financial benefits not available to ordinary shareholders. 

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of LXP Industrial Trust (NYSE: LXP) to Brookfield Asset Management (NYSE: BAM) and Canada Pension Plan Investment Board. Under the terms of the proposed transaction, shareholders of LXP will receive $61.20 in cash for each share of LXP that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

Halper Sadeh LLC, an investor rights law firm, is investigating the sale of LXP Industrial Trust (NYSE: LXP) to Brookfield Asset Management and Canada Pension Plan Investment Board for $61.20 per share in cash.

LXP Industrial Trust shareholders to receive $61.20 per share in cash

Today Land & Buildings Investment Management, LLC (together with its affiliates, “Land & Buildings”), a significant shareholder of Lexington Realty Trust (“LXP,” “Lexington” or the “Company”) (NYSE: LXP), issued a presentation outlining the serious issues plaguing LXP and why shareholder accountability is urgently needed in the LXP boardroom.