NEW YORK, July 31, 2018 – The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Forest City Realty Trust, Inc. (“Forest City Realty” or the “Company”) (NYSE: FCE-A) stock prior to the July 31, 2018 merger announcement. Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Forest City Realty to Brookfield Asset Management Inc. (NYSE: BAM) for $25.35 per share. To learn more about the action and your rights, go to: http://www.zlk.com/mna/forest-city-realty-trust-inc or contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.
The Forest City Realty merger investigation concerns whether the Board of Forest City Realty breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Brookfield Property Asset Management Inc. is underpaying for Forest City Realty shares, thus unlawfully harming Forest City Realty shareholders. Investors owning approximately 14% of Forest City Realty’s outstanding shares have agreed to tender their shares in favor of the transaction.