Investors who lost money on Seritage Growth Properties (SRG) should contact Levi & Korsinsky about pending Class Action - SRG

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].