NEW YORK, April 17, 2019 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of TIER REIT, Inc. (NYSE: TIER) on behalf of stockholders concerning the proposed merger with Cousins Properties (NYSE: CUZ).
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Pursuant to the proposed transaction, announced on March 25, 2019 and valued at $7.8 billion, TIER stockholders will receive 2.98 shares of Cousins Properties for each share of TIER common stock owned. The investigation focuses on whether TIER and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own TIER shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at email@example.com, or telephone at (212) 308-1869, or by filling out this contact form. There is no cost or obligation to you.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning our investigation of TIER please go to https://bespc.com/tier/. For additional information about Bragar Eagel & Squire, P.C. please go to www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.