Harwood Feffer LLP Announces Investigation of Rouse Properties, Inc.

NEW YORK, Jan. 19, 2016 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Rouse Properties, Inc. ("Rouse" or the "Company") (NYSE: RSE) concerning the proposed acquisition of the Company by Brookfield Asset Management Inc. ("Brookfield").

Under the terms of the offer, Brookfield would acquire Rouse in a transaction valued at approximately $986 million.  Pursuant to the deal, Rouse stockholders would receive $17.00 per share in cash.  According to Yahoo Finance, at least one analyst has set a target price for Rouse stock of $23.00 per share and the median analyst target price for Rouse stock is $21.00 per share.

Our investigation concerns whether the Rouse board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders. 

If you own Rouse shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Benjamin I Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.

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