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ProLogis Investor Files Lawsuit In Effort To Block Merger With AMB Property Corp.

  • If you purchased ProLogis (NYSE:PLD) prior to Jan 27, 2011 and currently continue to hold those PLD shares, you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

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Lawsuit Overview

An investor in ProLogis (NYSE: PLD) shares filed a lawsuit against Prologis’ Board of Trustees for breaches of fiduciary duty arising out of their attempt to sell Prologis to AMB Property Corp via an unfair process at an unfair price. ProLogis shares surged in response to the merger rumors to $16.15 on Thursday, Jan 27. The following Monday ProLogis and AMB Property Corporation annou...



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