Group 1 - Pomerantz LLP is investigating claims on behalf of investors of Necessity Retail REIT, Inc. regarding potential securities fraud or unlawful business practices related to its merger with Global Net Lease, Inc. [1][2] - The merger occurred on September 12, 2023, and involved the issuance of shares of Global Net Lease to former Necessity Retail investors [1][4]. - Following the merger, Global Net Lease's share price has declined by over 33% since the date of the share issuance [4]. Group 2 - The Offering Materials for the merger projected Adjusted Funds From Operations (AFFO) for the combined company of $399.8 million for 2024 and $409.0 million for 2025 [4]. - AFFO is a key metric used by Real Estate Investment Trusts (REITs) to evaluate their capacity to generate cash for shareholder distributions [4].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Necessity Retail REIT, Inc. - RTL
GlobeNewswire News Room·2025-08-25 16:59