INVESTOR ALERT: Investigation of Brixmor Property Group Inc. Announced by Law Offices of Howard G. Smith
10 February 2016 - 2:30AM
Business Wire
Law Offices of Howard G. Smith announces an investigation
on behalf of investors of Brixmor Property Group Inc. (“Brixmor” or
the “Company”) (NYSE: BRX) concerning the Company and its officers’
possible violations of federal securities laws. Law Offices of
Howard G. Smith is preparing a lawsuit on behalf of injured
investors.
On February 8, 2016, Brixmor disclosed that its Chief Executive
Officer Michael Carroll, President and Chief Financial Officer
Michael Pappagallo, Chief Accounting Officer Steven Splain and an
accounting employee resigned, effective immediately. This news came
after an audit committee uncovered that employees had been
“smoothing” income in order make quarterly net operating income
more steady. On this news shares of Brixmor fell over $5 per share,
or nearly 20%, during intraday trading on February 8, 2016.
If you purchased Brixmor securities, have information or would
like to learn more about these claims, or have any questions
concerning this announcement or your rights or interests with
respect to these matters, please contact Howard G. Smith, Esquire,
of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847,
toll-free at (888) 638-4847, or by email
to howardsmith@howardsmithlaw.com, or visit our website at
http://www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: http://www.businesswire.com/news/home/20160209005719/en/
Law Offices of Howard G. SmithHoward G. Smith,
Esquire215-638-4847888-638-4847howardsmith@howardsmithlaw.comwww.howardsmithlaw.com
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