July 9, 2019 - The case was voluntarily dismissed.

May 6, 2019 - An investor, who currently holds shares of HFF, Inc. (NYSE: HF), filed a lawsuit against the takeover of HFF, Inc. The plaintiff alleges that the defendants breached their fiduciary duties owed to NYSE: HF stockholders by agreeing to sell HFF, Inc. cheaply via an unfair process.

Dallas, TX based HFF, Inc. provides commercial real estate and capital market services to the consumers and providers of capital in the commercial real estate industry in the United States.

On March 19, 2019, Jones Lang LaSalle Incorporated (NYSE: JLL) and HFF, Inc. (NYSE: HF) announced that they have entered into an agreement under which Jones Lang LaSalle Incorporated will acquire all the outstanding shares of HFF, Inc in a cash and stock transaction with an equity value of approximately $2 billion. Under the terms of the agreement, HFF, Inc shareholders will receive $24.63 in cash and 0.1505 Jones Lang LaSalle Incorporated shares for each HFF share. Based on the closing price of Jones Lang LaSalle Incorporated stock of $163.02 on March 18, 2019, the cash and stock consideration to be received by HFF, Inc shareholders at closing is valued at $49.16 per HFF share. However, plaintiff claims that the proposed consideration NYSE: HF shareholders will receive is grossly inadequate and undervalues HFF, Inc. HFF, Inc. reported that its annual Total Revenue rose from $590.85 million in 2017 to $662.02 million in 2018 and that its Net Income increased from $94.96 million in 2017 to $115.98 million in 2018. In addition, the plaintiff alleges that the process is also unfair NYSE: HF stockholders.