SAN DIEGO, Dec. 17, 2024 /PRNewswire/ -- Robbins LLP announces that a shareholder filed a class action on behalf of all investors who purchased or otherwise acquired Sun Communities, Inc. (NYSE: SUI) securities between February 28, 2019 and September 24, 2024. Sun Communities is a real estate investment company that focuses its investments on manufactured housing communities, recreational vehicle communities, and marinas.For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call ...

Core Viewpoint - A class action securities lawsuit has been filed against Sun Communities, Inc. due to alleged securities fraud affecting investors between February 28, 2019, and September 24, 2024 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that the defendants provided misleading information regarding Sun Communities' accounting practices and internal controls over financial reporting [2]. - An investment research report released on September 24, 2024, raised concerns about the integrity of Sun Communities' Board and its governance, controls, and financial disclosures [2]. - Following the report, Sun Communities' stock price dropped from $139.10 per share on September 24, 2024, to a low of $137.48 per share on September 25, 2024 [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until February 10, 2025, to request to be appointed as lead plaintiff in the lawsuit [3]. - Participation in the lawsuit does not require investors to incur any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing significant compensation for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].

Core Viewpoint - The Gross Law Firm is notifying shareholders of Sun Communities, Inc. (NYSE: SUI) regarding a potential class action lawsuit due to allegations of misleading financial disclosures and governance issues that have negatively impacted the stock price [1][2]. Group 1: Allegations and Impact - The class period for the allegations spans from February 28, 2019, to September 24, 2024 [2]. - A report released on September 24, 2024, raised concerns about the integrity of SUI's Board and its financial reporting practices, leading to a significant drop in stock price from $139.10 to a low of $137.48 on September 25, 2024 [2]. Group 2: Next Steps for Shareholders - Shareholders are encouraged to register for the class action by February 10, 2025, to monitor the case's progress [3]. - Registration allows shareholders to receive updates through a portfolio monitoring software, with no cost or obligation to participate [3]. Group 3: Law Firm's Commitment - The Gross Law Firm aims to protect investors' rights against deceit and fraud, emphasizing the importance of responsible business practices [4]. - The firm seeks recovery for investors who suffered losses due to misleading statements or omissions that inflated SUI's stock price [4].

This unique real estate stock has a lot to like and a few red flags.Real estate investment trust Sun Communities (SUI -0.81%) is down by about 40% over the past three years, and it recently announced a restructuring strategy. In this video, Fool.com contributors Matt Frankel and Tyler Crowe discuss why the stock has been beaten down and whether it's worth a closer look now.*Stock prices used were the morning prices of Dec. 12, 2024. The video was published on Dec. 14, 2024. ...

Core Viewpoint - A class action lawsuit has been filed against Sun Communities, Inc. (NYSE: SUI) for allegedly misleading investors regarding its financial reports and growth projections during the Class Period from February 28, 2019, to September 24, 2024 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that the defendants created a false impression of SUI's financial health and growth potential, failing to disclose significant financial obligations, including a mortgage and undisclosed loans involving the CEO and a board member [5]. - Investors are encouraged to join the class action, which allows them to seek compensation without upfront costs through a contingency fee arrangement [2][3]. Group 2: Legal Representation - The Rosen Law Firm, known for its success in securities class actions, is representing the investors and has a strong track record, including recovering over $438 million for investors in 2019 alone [4]. - Investors wishing to serve as lead plaintiffs must file their motion by February 10, 2025 [1][3]. Group 3: Next Steps for Investors - Interested investors can join the class action by visiting the provided link or contacting the law firm directly for more information [3][6]. - It is noted that no class has been certified yet, and investors are not represented unless they retain counsel [7].

Core Viewpoint - A class action lawsuit has been filed against Sun Communities (SUI) for allegedly providing misleading information regarding its accounting practices and internal controls over financial reporting, leading to a significant drop in stock price following a critical investment research report [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of all individuals and entities who purchased SUI securities between February 28, 2019, and September 24, 2024, with a deadline of February 10, 2025, for investors to apply as lead plaintiffs [1]. - The complaint highlights concerns about the integrity of SUI's Board and the company's governance, controls, and financial disclosures [3]. Group 2: Stock Price Reaction - Following the release of the investment research report on September 24, 2024, SUI's stock price fell from a closing price of $139.10 per share to a low of $137.48 per share the next day [3].

NEW YORK, Dec. 12, 2024 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP: To: All persons or entities who purchased or otherwise acquired securities of Sun Communities, Inc. (“SUI” or the “Company”) (NYSE: SUI) between February 28, 2019 and September 24, 2024, both dates inclusive. You are hereby notified that the class action lawsuit Michelle Nelson v. Sun Communities, Inc., et al. (Case No. 2:24-cv-13314) has been commenced in the United States District Court for the E ...

Southfield, MI, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust ("REIT") that owns and operates, or has an interest in, manufactured housing (“MH”) and recreational vehicle (“RV”) communities and marinas, announces several upcoming changes to its Board of Directors (the “Board”) as part of its ongoing refreshment strategy. Arthur A. Weiss informed the Board that he will retire from the Board on December 31, 2024, Stephanie W. Bergeron infor ...

Southfield, MI, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates, or has an interest in, manufactured housing (“MH”) and recreational vehicle (“RV”) communities and marinas (collectively, the "properties"), today announced its Board of Directors declared a quarterly distribution of $0.94 per share of common stock for the fourth quarter of 2024. The distribution is payable on January 15, 2025 to shareholders of ...

It's easy to get caught up in negative news regarding the stock market. But the real power is sifting through the negativity to see the potential long-term value quality companies offer.Contributing analyst to the iREIT+Hoya Capital investment group. The Dividend Collectuh is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purposes only and I encourage everyone to do their own due diligence. I'm a Navy veteran ...