NEW YORK, 29 August 2024 /PRNewswire/ — The Gross Law Firm issues the following notice to shareholders of Seritage Growth Properties (NYSE:SRG).
Shareholders who purchased SRG shares during the indicated period are encouraged to contact the firm regarding a possible appointment as lead plaintiff. Appointment as lead plaintiff is not required to participate in any solicitation.
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LESSON: July 7, 2022 To May 10, 2024
ALLEGATIONS: The complaint claims that during the Class Period, Defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the Company did not have effective internal controls over the identification and review of impairment indicators for real estate investments; (2) as a result, the Company overstated the value and projected gross proceeds of certain real estate assets; and (3) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations and prospects were materially misleading and/or lacked a reasonable basis.
DEADLINE: 30 August 2024 Shareholders should not hesitate to sign up for this class action lawsuit. Register your information here: https://securitiesclasslaw.com/securities/seritage-loss-submission-form/?id=98709&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of SRG within the time period noted above, you will be enrolled in a portfolio monitoring software that will provide you with status updates throughout the lifecycle of the case. The deadline to serve as lead plaintiff is 30 August 2024Participation in this case is free of charge and non-binding for you.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm. Our mission is to protect the rights of all investors who have suffered fraud. Fraudand illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in corporate citizenship. The firm seeks compensation on behalf of investors who have suffered losses when a company’s false and/or misleading statements or omission of material information have resulted in an artificial inflated share price of the company. Attorney Advertising. Past results do not guarantee similar results.
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Phone: (646) 453-8903
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