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Class Action Filed Against Seritage Growth Properties (SRG) Seeking Recovery for Investors - Contact Levi & Korsinsky
Prnewswire· 2024-07-30 09:45
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 ...
Shareholders of Seritage Growth Properties Should Contact The Gross Law Firm Before August 30, 2024 to Discuss Your Rights - SRG
Prnewswire· 2024-07-29 09:45
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].
Contact The Gross Law Firm by August 30, 2024 Deadline to Join Class Action Against Seritage Growth Properties(SRG)
Prnewswire· 2024-07-25 09:45
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 GROWTH SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Seritage Growth Properties – SRG
GlobeNewswire News Room· 2024-07-25 02:19
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 ...
ROSEN, NATIONAL INVESTOR COUNSEL, Encourages Seritage Growth Properties Investors to Secure Counsel Before Important Deadline in Securities Class Action – SRG
GlobeNewswire News Room· 2024-07-23 17:38
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 ...
SRG Stockholders Should Contact Shareholder Rights Law Firm Robbins LLP for Information About the Lawsuit Against Seritage Growth Properties
GlobeNewswire News Room· 2024-07-22 22:56
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 ...
The Gross Law Firm Notifies Shareholders of Seritage Growth Properties (SRG) of a Class Action Lawsuit and an Upcoming Deadline
GlobeNewswire News Room· 2024-07-22 16:05
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].
ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Seritage Growth Properties Investors to Secure Counsel Before Important Deadline in Securities Class Action – SRG
GlobeNewswire News Room· 2024-07-20 12:44
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. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon ser ...
Seritage Growth Properties Sued for Securities Law Violations - Contact The Rosen Law Firm Before August 30, 2024 to Discuss Your Rights - SRG
Prnewswire· 2024-07-19 22:30
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. What to do next: To join the Seritage class action, go to https://rosenlegal.com/submit-form/?case_id=26898 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action law ...
SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Seritage Growth Properties - SRG
Prnewswire· 2024-07-18 18:19
NEW YORK, July 18, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Seritage Growth Properties ("Seritage" or the "Company") (NYSE: SRG). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether Seritage and certain of its o ...