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Behringer Harvard REIT I, Inc. BH REIT Securities Lawsuit
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|Company:||Behringer Harvard REIT I, Inc.|
|Ticker Symbol:||BH REIT|
|Class Period:||Feb-19-03 to Sep-18-12|
|Lead Plaintiff Deadline:||Nov-17-12|
|Court:||Northern District of Texas|
Additionally, the complaint seeks recovery for shareholders who purchased or otherwise acquired shares in BH REIT from February 19, 2003 to the present (the "Class") for breach of fiduciary duty by the Company and its directors and officers.
BH REIT, together with its wholly owned subsidiaries, is a real estate investment trust that owns 57 properties located in 21 states and the District of Columbia. The Complaint alleges that the defendants made false and/or misleading statements and/or failed to disclose material information to the Proxy Class in a Schedule 14(a) filed on April 1, 2011 that sought to amend the Company' charter to require any person making a tender offer to comply with the provision of Regulation 14D of the Securities and Exchange Act of 1934. The Complaint alleges that the Schedule 14(a) misrepresented Defendants' motive for seeking to amend the Company' charter. Additionally, the Complaint alleges that Defendants made false and/or misleading statements and/or failed to disclose material information to the Tender Class in Schedule 14D-9(s) filed on September 7, 2011 and February 23, 2012 in response to Tender Offers the Company' shareholders had received.
The Complaint alleges that the 14D-9(s) misrepresented the value of the Company and information regarding past distributions that the Company had made to its shareholders. Further, the Complaint alleges that Defendants have breached their fiduciary to duties to all BH REIT shareholders.
If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.
Behringer Harvard REIT I, Inc. BH REIT Securities Fraud Legal HelpIf you have suffered from financial losses, you may qualify for damages or remedies that may be awarded in a possible Behringer Harvard REIT I, Inc. securities class action lawsuit. Please click the link below to submit your complaint for a free evaluation.
Published on Sep-19-12
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