Kendall Law Group, led by former federal judge Joe Kendall, is investigating Brookfield Homes Corporation (NYSE: BHS) for shareholders in connection with the proposed merger with Brookfield Properties Corporation’s North American residential land and housing division of Brookfield Office Properties. The national securities firm’s investigation seeks to determine whether Brookfield Homes and its Board breached their fiduciary duties by entering into the agreement without properly shopping for a deal that would provide better value for shareholders. If you are a Brookfield Homes shareholder and would like additional information about your rights, contact the Kendall Law Group at 877-744-3728 or by email at skendall@kendalllawgroup.com.

On October 5, 2010, the companies announced the definitive agreement under which Brookfield Homes would be merged with a division of Brookfield Properties, creating Brookfield Residential Properties. Under the terms of the agreement, Brookfield Homes stockholders will receive 0.764900530 common shares of Brookfield Residential, plus an undisclosed cash amount in lieu of fractional shares for each share of Brookfield Homes/BHS common stock. The firm believes the transaction may be undervaluing the company.

Kendall Law Group was founded by a former federal judge, includes a former United States Attorney, prosecutors and securities lawyers who are experienced in complex securities litigation. The firm has been counsel in numerous merger and acquisition cases nationwide, including some of the largest transactions in the United States.

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