According to the law firm press release, Behringer Harvard REIT I, Inc., together with its wholly owned subsidiaries, is a real estate investment trust that owns 57 properties located in 21 states and the District of Columbia.

The Complaint alleges that the Defendants made false and/or misleading statements and/or failed to disclose material information to the Proxy Class in a Schedule 14(a) filed on April 1, 2011 that sought to amend the Company’s charter to require any person making a tender offer to comply with the provision of Regulation 14D of the Securities and Exchange Act of 1934. The Complaint alleges that the Schedule 14(a) misrepresented Defendants’ motive for seeking to amend the Company’s charter. Additionally, the Complaint alleges that Defendants made false and/or misleading statements and/or failed to disclose material information to the Tender Class in Schedule 14D-9(s) filed on September 7, 2011 and February 23, 2012 in response to Tender Offers the Company’s shareholders had received. The Complaint alleges that the 14D-9(s) misrepresented the value of the Company and information regarding past distributions that the Company had made to its shareholders.

On March 8, 2013, the Lead Plaintiffs stipulated to the dismissal of certain Officer Defendants without prejudice.

On March 27, 2014, the Court issued an Order granting Defendants' Motion to Dismiss with prejudice.