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Sun Communities, Inc. Class Action: Levi & Korsinsky Reminds Sun Communities, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 10, 2025 - SUI
Sun CommunitiesSun Communities(US:SUI) Prnewswireยท2024-12-17 10:45

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].