Item 1. Legal Proceedings
Item 1. Legal Proceedings
On July 12, 2023, we and our board of trustees were sued in a lawsuit captioned Stephen Bushansky v. Office Properties Income Trust et al., Case No. 1:23-cv-05993, or the Bushansky Action, filed in the United States District Court for the Southern District of New York in connection with the Merger. The complaint in the Bushansky Action alleges that we and our board of trustees violated federal securities laws by omitting or misstating material information in the Form S-4. The Plaintiff in the Bushansky Action seeks, among other things, (i) to enjoin the Merger until the alleged deficiencies in the Form S-4 are
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corrected and (ii) attorneys’ and experts’ fees and costs in connection with the lawsuit. We believe that such lawsuit is without merit.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.