Lawsuit Overview - Levi & Korsinsky, LLP has notified investors of a class action securities lawsuit against Sun Communities, Inc (SUI) for alleged securities fraud between February 28, 2019, and September 24, 2024 [1] - The lawsuit aims to recover losses for investors adversely affected during this period [1] Case Details - Defendants are accused of providing misleading material information regarding SUI's accounting practices and internal financial controls [2] - On September 24, 2024, an investment research report questioned the integrity of SUI's Board, governance, controls, and financial disclosures, leading to an immediate negative reaction from investors and analysts [2] - SUI's 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] Next Steps for Investors - Investors who suffered losses during the relevant period have until February 10, 2025, to request the Court to appoint them as lead plaintiff [3] - Participation in the lawsuit does not require serving as a lead plaintiff, and there are no out-of-pocket costs or fees for class members [3] Levi & Korsinsky's Expertise - Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders over the past 20 years and has a strong track record in high-stakes securities litigation [4] - The firm has been ranked in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the top securities litigation firms in the US [4]
Class Action Filed Against Sun Communities, Inc. (SUI) - February 10, 2025 Deadline to Join - Contact Levi & Korsinsky
Sun Communities(SUI) Prnewswire·2025-01-10 10:45