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Cryptocurrency News Articles

ROSEN, A GLOBAL INVESTOR RIGHTS LAW FIRM, Encourages Sun Communities, Inc. Investors to Inquire About Class Action Lawsuit

Dec 14, 2024 at 05:55 am

NEW YORK, Dec. 13, 2024 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Sun Communities, Inc. (NYSE: SUI) between February 28, 2019 and September 24, 2024, both dates inclusive (the "Class Period").

ROSEN, A GLOBAL INVESTOR RIGHTS LAW FIRM, Encourages Sun Communities, Inc. Investors to Inquire About Class Action Lawsuit

A class action lawsuit has been filed on behalf of purchasers of securities of Sun Communities, Inc. (NYSE: SUI) between February 28, 2019 and September 24, 2024, both dates inclusive (the "Class Period"). If you purchased SUI securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

According to the lawsuit, during the Class Period, defendants created the false impression that they were presenting a complete and accurate picture of SUI's financial reports and accounting pertaining to SUI's projected revenue outlook and anticipated growth. At no point did defendants state or even allude to the DH Bingham Farms LLC mortgage, signed by Chief Executive Officer ("CEO") Gary Shiffman, or the multiple undisclosed loans CEO Gary Shiffman received, including one from SUI Board Member Arthur Weiss. Defendants misled investors by providing the public with materially flawed statements of confidence and growth projections throughout the Class Period, which did not account for these variables. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the SUI class action, go to https://rosenlegal.com/submit-form/?case_id=32347 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.

Phillip Kim, Esq.

The Rosen Law Firm, P.A.

275 Madison Avenue, 40th Floor

New York, NY 10016

Tel: (212) 686-1060

Toll Free: (866) 767-3653

Fax: (212) 202-3827

[email protected]

www.rosenlegal.com

SOURCE THE ROSEN LAW FIRM, P. A.

News source:www.prnewswire.com

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Other articles published on Dec 14, 2024