INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Sun Communities Inc. of Class Action Lawsuit and Upcoming Deadlines - SUI

Core Viewpoint - A class action lawsuit has been filed against Sun Communities, Inc. regarding allegations of securities fraud and unlawful business practices [2][3]. Group 1: Lawsuit Details - The lawsuit involves claims that Sun Communities and certain officers and/or directors engaged in securities fraud [2]. - Investors have until February 10, 2025, to request to be appointed as Lead Plaintiff for the class if they purchased Sun Communities securities during the Class Period [2]. Group 2: Allegations - A report by Blue Orca Capital alleged that Sun's CEO had an undisclosed $4 million loan from the family of an independent Director who has been on the Audit Committee and chaired the Compensation Committee for over a decade [3]. - The report also claimed that additional personal loans from board members to the CEO were uncovered [3]. Group 3: Market Reaction - Following the news of the allegations, Sun Communities' stock price fell by $1.62 per share, or 1.16%, closing at $137.48 per share on September 25, 2024 [4].