NEW YORK, Aug. 07, 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=94054&from=3 CLASS PERIOD: July 7, 2022 t ...

NEW YORK, Aug. 5, 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=93541&from=4 CLASS PERIOD: July 7, 2022 to May ...

NEW YORK, July 31, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Seritage Growth Properties ("Seritage" or the "Company") (NYSE: SRG) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Seritage investors who were adversely affected by alleged securities fraud between July 7, 2022 and May 10, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/seritage-lawsuit-submiss ...

https://zlk.com/pslra-1/seritage-lawsuit-submission-form?prid=92710&wire=4 NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Seritage investors who were adversely affected by alleged securities fraud between July 7, 2022 and May 10, 2024. Follow the link below to get more information and be contacted by a member of ...

Core Viewpoint - The Gross Law Firm is notifying shareholders of Seritage Growth Properties (NYSE: SRG) about a class action lawsuit due to alleged misleading statements and lack of effective internal controls regarding real estate investments [4]. Group 1: Class Action Details - Shareholders who purchased shares of SRG during the class period from July 7, 2022, to May 10, 2024, are encouraged to register for the class action [3]. - The deadline for shareholders to seek lead plaintiff status is August 30, 2024 [2][3]. - Participation in the case does not require appointment as lead plaintiff and incurs no cost or obligation [3]. Group 2: Allegations Against the Company - The complaint alleges that the company issued materially false and/or misleading statements and failed to disclose critical information [5]. - Specific allegations include the lack of effective internal controls for identifying impairment indicators for real estate investments [5]. - As a result of these issues, the company is accused of overstating the value and projected gross proceeds of certain real estate assets, leading to misleading positive statements about its business and operations [5].

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. https://securitiesclasslaw.com/securities/seritage-loss-submission-form/?id=91987&from=4 ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company lacked effective i ...

Seritage investors should visit us at https://claimsfiler.com/cases/nyse-srg/ or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options. NEW ORLEANS, July 24, 2024 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until August 30, 2024 to file lead plaintiff applications in a securities class action lawsuit against Seritage Growth Properties ("Seritage" or the "Company") (NYSE: SRG), if they purchas ...

NEW YORK, July 23, 2024 (GLOBE NEWSWIRE) -- 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. DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Seritage lacked effective internal controls regarding the identification and review of impairment indicators ...

For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The complaint continues that on May 10, 2024, Seritage released its first quarter 2024 financial results, revealing it was "adjusting [its] pricing projections for some of [its] assets." As a result, the gross value of the Company's portfolio of assets was reduced by at least $325 million. On this news, Seritage's stock price fell $2.54, or 27.3%, to close at $6.78 per share on May 13, 2024 According 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][3]. 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 impairment indicators for real estate investments [3]. - As a result of these failures, the company is accused of overstating the value and projected gross proceeds of certain real estate assets [3]. - Consequently, the positive statements made by the defendants about the company's business and prospects were materially misleading and lacked a reasonable basis [3]. Group 2: Class Action Details - The deadline for shareholders to register for the class action is August 30, 2024, and there is no cost or obligation to participate [4]. - Shareholders who register will be enrolled in a portfolio monitoring software to receive updates throughout the lifecycle of the case [4]. - The Gross Law Firm aims to protect the rights of investors who have suffered losses due to deceit and illegal business practices [5].