SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Seritage Growth Properties – SRG

[Click here for information about joining the class action] On August 14, 2023, after the market closed, Seritage revealed that there was a "material weakness" in the Company's internal control over financial reporting "due to a deficiency in the design of our control over the identification of impairment indicators for investments in real estate and documentation of evidence of review." Moreover, the deficiency related "to the failure to identify potential indicators of impairment related to development pr ...