Sun Communities(US:SUI) Prnewswireยท2024-12-16 10:45Core 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].