Johnson Fistel Investigates Proposed Acquisition of LXP – Shareholders Encouraged to Contact the Firm

Johnson Fistel, PLLP is investigating the proposed acquisition of LXP Industrial Trust (NYSE: LXP) by Brookfield Asset Management (NYSE: BAM; TSX: BAM) and Canada Pension Plan Investment Board to determine whether the transaction is fair to LXP shareholders and whether LXP’s Board of Trustees breached its fiduciary duties by agreeing to sell the Company for inadequate consideration.

Under the terms of the definitive merger agreement, LXP shareholders will receive $61.20 in cash per share upon completion of the transaction.

Join the investigation now:

Johnson Fistel is investigating whether the proposed consideration adequately reflects LXP’s intrinsic value, future growth prospects, strategic opportunities, and the value of the Company in light of current market conditions.

If you are a shareholder of LXP and believe the proposed merger undervalues the Company, or if you have information concerning the transaction, we encourage you to contact Johnson Fistel to discuss your legal rights.

Johnson Fistel, PLLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, Idaho, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. We also extend our services to foreign investors who have purchased on U.S. exchanges. For more information about the firm and how we may be able to help you recover your losses, please visit www.johnsonfistel.com.

Achievements:
In 2024, Johnson Fistel was ranked in the Top 10 Plaintiff Law Firms by ISS Securities Class Action Services. The firm has recovered approximately $90,725,000 for aggrieved clients in cases where it served as lead or co-lead counsel, marking the eighth time it has been recognized among the top U.S. plaintiffs’ securities law firms.

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Contact:
Johnson Fistel, PLLP
501 W. Broadway, Suite 800
San Diego, CA 92101
James Baker, Investor Relations or Frank J. Johnson, Esq.
(619) 814-4471
jimb@johnsonfistel.com or fjohnson@johnsonfistel.com