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Stock impact report

SRG SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Seritage Growth Properties Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

Seritage Growth Properties Class A (SRG) 
NASDAQ:AMEX Investor Relations: ir.seritage.com
Company Research Source: GlobeNewswire
NEW YORK, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Seritage Growth Properties (“Seritage” or “the Company”) (NYSE: SRG) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Seritage securities between July 7, 2022, and May 10, 2024, inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/SRG. Case Details The filed complaint alleges that defendants made false statements and/or concealed that: (1) the Company lacked effective internal controls regarding the identification and review of impairment indicators for investments in real estate; (2) as a result, the Company had overstated the val Show less Read more
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