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Stock impact report

Land & Buildings Sends Letter to First Industrial Realty Trust Shareholders Highlighting the Need for Shareholders to Send a Clear Message That Further Change is Required

First Industrial Realty Trust, Inc. (FR) 
Last first industrial realty trust, inc. earnings: 4/22 05:10 pm Check Earnings Report
Company Research Source: Business Wire
Believes FR’s Belated Governance and Capital Allocation Concessions Would Not Have Occurred Without L&B’s Public Pressure and Still Fall Far Short of What Shareholders DeserveDetails That the FR Board’s Cherry-Picked Performance Data, Post-Vote Director Appointment, and Discretionary Buyback Are Half-Measures Designed to Preserve the Status QuoCalls on Fellow Shareholders to Vote Against the Reelection of Chairman Matt Dominski and Director H. Patrick Hackett, Jr. – the Two Longest-Tenured Directors on the Board – at Upcoming Annual Meeting STAMFORD, Conn.--(BUSINESS WIRE)--Today, Land & Buildings Investment Management, LLC (together with its affiliates, “Land & Buildings,” “L&B,” “us” or “we”), a shareholder of First Industrial Realty Trust, Inc. (NYSE: FR) (“First Industrial,” “FR” or the “Company”), issued a letter to shareholders responding to the Company’s glossy mailer and highlighting that FR’s belated concessions prove the campaign is working but that changes fall far short Show less Read more
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