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INVESTOR ACTION NOTICE: Moore Law PLLC Encourages Investors in Paramount Group, Inc. to Contact Law Firm
Paramount Paramount (US:PGRE) Prnewswireยท2025-05-21 22:14

Group 1 - Paramount Group Inc. is under investigation for potential claims related to CEO Albert Behler's use of company funds for personal expenses, totaling $4 million over three years [1] - The Wall Street Journal reported that from 2022 to 2024, Paramount spent over $900,000 on Behler's personal accounting services and more than $3 million on a private jet company partly owned by him, with these payments disclosed for the first time this year [1] - Industry analysts have criticized Paramount for poor returns compared to peers while still providing high compensation packages to executives [2] Group 2 - Following the revelation of payments to Behler's businesses, several top executives responsible for financial disclosure have left the firm [2] - Shareholders may seek monetary damages, corporate governance reforms, and reimbursement to the company at no cost, with representation on a contingency fee basis [3]