BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Preferred Apartment Communities, Inc. (NYSE - APTS), MoneyGram International, Inc. (Nasdaq - MGI), Resonant Inc. (Nasdaq - RESN)

BALA CYNWYD, Pa., Feb. 16, 2022

Preferred Apartment Communities, Inc. (NYSE - APTS)        

Under the terms of the agreement, Preferred Apartment Communities, Inc. ("PAC") will be acquired by Blackstone Real Estate Income Trust, Inc. ("BREIT"). BREIT will acquire all outstanding shares of common stock of PAC for $25.00 per share in an all-cash transaction valued at approximately $5.8 billion. The investigation concerns whether the PAC Board breached its fiduciary duties to shareholders by failing to conduct a fair process, and whether BREIT is paying too little for the Company.

Additional information can be found at https://www.brodskysmith.com/cases/preferred-apartment-communities-inc-nyse-apts/.https://www.brodskysmith.com/cases/dunkin-brands-group-inc-nasdaq-dnkn/

MoneyGram International, Inc. (Nasdaq - MGI)       

Under the terms of the agreement, MoneyGram will be acquired by funds affiliated with Madison Dearborn Partners, LLC ("MDP"). Under the terms of the agreement, MoneyGram shareholders will receive $11.00 in cash for each share of MoneyGram stock they hold. The investigation concerns whether the MoneyGram Board breached its fiduciary duties to shareholders by failing to conduct a fair process, and whether MDP is paying too little for the Company. For example, the deal consideration is less than the 52-week high of $12.36 for the Company's shares.

Additional information can be found at https://www.brodskysmith.com/cases/moneygram-international-inc-nasdaq-mgi-2/.https://www.brodskysmith.com/cases/social-capital-suvretta-holdings-corp-iii-nasdaq-dnac/https://www.brodskysmith.com/cases/dunkin-brands-group-inc-nasdaq-dnkn/