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The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Breaches of Fiduciary Duty by the Board of ProLog

  //business-finance.news-articles.net/content/201 .. es-of-fiduciary-duty-by-the-board-of-prolog.html
  Published in Business and Finance on Tuesday, February 1st 2011 at 18:40 GMT by Market Wire
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NEW YORK--([ BUSINESS WIRE ])--Levi & Korsinsky is investigating the Board of Directors of ProLogis ("PLD" or the aCompanya)(NYSE: PLD) for possible breaches of fiduciary duty and other violations of state law in connection with the proposed combination with AMB Property Corporation (aAMBa) (NYSE: AMB). Under the terms of the proposed transaction, each ProLogis common share will be converted into 0.4464 of a newly issued AMB common share. The transaction is subject to shareholder approval.

Click here to learn more about the investigation: [ http://www.zlk.com/prologis-pld.html ], or call: 877-363-5972.

The investigation concerns whether the ProLogis Board of Directors breached their fiduciary duties to ProLogis stockholders by failing to adequately shop the Company before entering into this transaction and whether ProLogis stockholders are receiving adequate consideration for their stock.

If you own common stock in ProLogis and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at [ jlevi@zlk.com ] or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit [ http://www.zlk.com/prologis-pld.html ].

Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major litigations involving mergers and acquisitions. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.