Core Viewpoint - A class action lawsuit has been filed against Seritage Growth Properties and certain officers for alleged violations of federal securities laws, focusing on misleading statements regarding the company's internal controls and asset valuations [1][3]. Group 1: Class Definition - The lawsuit seeks damages for all individuals and entities that purchased or acquired Seritage securities between July 7, 2022, and May 10, 2024, known as the "Class Period" [2]. Group 2: Case Details - The complaint alleges that the defendants made false statements and concealed the following: 1. The company lacked effective internal controls for identifying and reviewing impairment indicators for real estate investments 2. Consequently, the company overstated the value and projected gross proceeds of certain real estate assets 3. As a result, the defendants' positive statements about the company's business and prospects were materially misleading [3]. Group 3: Next Steps - A class action lawsuit has been filed, and investors who suffered losses in Seritage have until August 30, 2024, to request appointment as lead plaintiff, although sharing in any recovery does not require serving as lead plaintiff [4]. Group 4: Legal Representation - The law firm representing the investors operates on a contingency fee basis, meaning they will only seek reimbursement for expenses and attorneys' fees if successful in the case [5]. Group 5: Firm Background - Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm specializing in securities fraud class actions and has recovered hundreds of millions of dollars for investors [6].

NEW YORK, Aug. 27, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Seritage Growth Properties (NYSE: SRG). Shareholders who purchased shares of SRG during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/seritage-loss-submission-form/?id=98142&from=3 CLASS PERIOD: July 7, 2022 t ...

Dublin, Aug. 26, 2024 (GLOBE NEWSWIRE) -- The "Anchoring Equipment - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Anchoring Equipment is estimated at US$700.1 Million in 2023 and is projected to reach US$957.8 Million by 2030, growing at a CAGR of 4.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The growth in the anchori ...

NEW YORK, Aug. 25, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Seritage Growth Properties (NYSE: SRG) between July 7, 2022 and May 10, 2024, both dates inclusive (the "Class Period"), of the important August 30, 2024 lead plaintiff deadline. SO WHAT: If you purchased Seritage securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. W ...

SAN DIEGO, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action on behalf of persons and entities that purchased or otherwise acquired Seritage Growth Properties (NYSE: SRG) securities between July 7, 2022 and May 10, 2024. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins LLP is Investigating Allegations that Seritage Growth Properties (SRG) Misled Investors Regarding its Bus ...

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Seritage Growth Properties securities between July 7, 2022, and May 10, 2024, of the upcoming lead plaintiff deadline on August 30, 2024, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Seritage securities during the specified Class Period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by August 30, 2024 [2]. - The lawsuit alleges that Seritage made false or misleading statements and failed to disclose critical information regarding its internal controls and the valuation of real estate assets, leading to investor damages when the truth was revealed [4]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own success in achieving significant settlements for investors [3]. - The firm has been recognized for its performance in securities class action settlements, including being ranked No. 1 by ISS Securities Class Action Services in 2017 and recovering over $438 million for investors in 2019 alone [3].

NEW YORK, Aug. 15, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Seritage Growth Properties (NYSE: SRG). Shareholders who purchased shares of SRG during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/seritage-loss-submission-form/?id=95554&from=4 CLASS PERIOD: July 7, 2022 to Ma ...

Core Viewpoint - A class action securities lawsuit has been filed against Seritage Growth Properties, alleging securities fraud that affected investors between July 7, 2022, and May 10, 2024 [1][2]. Group 1: Lawsuit Details - The complaint claims that Seritage lacked effective internal controls for identifying and reviewing impairment indicators for real estate investments [2]. - It is alleged that the company overstated the value and projected gross proceeds of certain real estate assets [2]. - The lawsuit contends that the positive statements made by the defendants regarding the company's business and prospects were materially misleading [2]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until August 30, 2024, to request appointment as lead plaintiff [3]. - Participation in the lawsuit does not require any out-of-pocket costs or fees for class members [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as a leading securities litigation firm in the United States [4].

NEW YORK, Aug. 13, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Seritage Growth Properties (NYSE: SRG). Shareholders who purchased shares of SRG during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/seritage-loss-submission-form/?id=95118&from=3 CLASS PERIOD: July 7, 2022 t ...

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Seritage Growth Properties regarding a class action lawsuit due to alleged misleading statements and lack of effective internal controls related to real estate investments [1][2]. Group 1: Allegations - The complaint alleges that during the class period from July 7, 2022, to May 10, 2024, the company failed to disclose that it lacked effective internal controls for identifying and reviewing impairment indicators for real estate investments [1]. - As a result of these failures, the company is accused of overstating the value and projected gross proceeds of certain real estate assets [1]. - Consequently, the positive statements made by the defendants about the company's business, operations, and prospects were materially misleading and lacked a reasonable basis [1]. Group 2: Class Action Details - Shareholders who purchased shares of Seritage Growth Properties during the specified class period are encouraged to register for the class action lawsuit [2]. - The deadline for shareholders to seek lead plaintiff status is August 30, 2024, and there is no cost or obligation to participate in the case [2]. - Registered shareholders will be enrolled in a portfolio monitoring software to receive status updates throughout the lifecycle of the case [2]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit, fraud, and illegal business practices [3]. - The firm aims to ensure that companies adhere to responsible business practices and engage in good corporate citizenship [3]. - The firm seeks recovery for investors who incurred losses due to false or misleading statements that led to artificial inflation of the company's stock [3].