SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of CBL & Associates Properties, Inc. of Class Action Lawsuit & a ...
06 July 2016 - 12:38AM
Business Wire
The following statement is being issued by Levi & Korsinsky,
LLP:
To: All persons or entities who purchased or otherwise
acquired securities of CBL & Associates Properties, Inc.
(“CBL”) (NYSE: CBL) between August 8, 2013
and May 24, 2016.
You are hereby notified that a securities class action
lawsuit has been commenced in the USDC for the Eastern District of
Tennessee. If you purchased or otherwise acquired CBL securities
between August 8, 2013 and May 24, 2016, your rights may be
affected by this action. To get more information go to:
http://www.zlk.com/pslra/cbl-associates.
The complaint alleges that defendants violated the Securities
Exchange Act of 1934 by virtue of their failure to disclose during
the Class Period that certain of the Company’s employees may have
provided material non-public information to Senator Robert Corker,
and that certain of its financing arrangements were obtained
through fraud and/or misrepresentation.
On May 24, 2016, after the market close, the Wall Street Journal
reported that the Federal Bureau of Investigation and the U.S.
Securities and Exchange Commission are investigating whether CBL
officials falsified information on financial statements to banks
when applying for financial arrangements. According to the Wall
Street Journal, the Company allegedly inflated its rental income
and occupancy rates when reporting these figures.
If you suffered a loss in CBL you have until July 26, 2016 to request that the Court
appoint you as lead plaintiff. Your ability to share in any
recovery doesn’t require that you serve as a lead plaintiff. To
obtain additional information, contact Joseph E. Levi, Esq. either
via email at jlevi@zlk.com or by telephone at (212) 363-7500,
toll-free: (877) 363-5972, or visit
http://www.zlk.com/pslra/cbl-associates.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, California, Connecticut, and Washington D.C. The
firm’s attorneys have extensive expertise and experience
representing investors in securities litigation involving financial
fraud, and have recovered hundreds of millions of dollars for
aggrieved shareholders. Attorney advertising. Prior results do not
guarantee similar outcomes.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160705005735/en/
Levi & Korsinsky, LLPJoseph E. Levi, Esq.Tel: (212)
363-7500Toll Free: (877) 363-5972Fax: (212) 363-7171www.zlk.com
CBL and Associates Prope... (NYSE:CBL)
Historical Stock Chart
From Jun 2024 to Jul 2024
CBL and Associates Prope... (NYSE:CBL)
Historical Stock Chart
From Jul 2023 to Jul 2024