The CEO of a $17 billion real estate giant will step down after 50 years—and just weeks after a short seller accused him of concealing millions in self dealings [Fortune]
Sun Communities, Inc. (SUI)
Last sun communities, inc. earnings: 4/22 04:19 pm
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Source: Fortune
traded real estate investment trust in and running the company since it went public in 1993. Just over a month ago, activist short seller Blue Orca accused Shiffman of taking part in undisclosed dealings with an independent board member's family. The board member, compensation committee chair Brian Hermelin, is also allegedly Shiffman's step cousin, per the short report published late September, as Fortune has previously reported According to a filing with the Securities and Exchange Commission, Shiffman told the other nine members of the Sun Communities board he wanted to retire from his role as chief executive—but he'll keep his seat on the board. Shiffman will also remain as CEO until the directors find a successor “to ensure a smooth transition,” the filing states. Sun Communities announced that it created a CEO Succession Planning Committee on Nov. 5, the same date Shiffman alerted the board about his intent to retire the executive role he's held since the company went public
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News
- Here's How You Can Earn $100 In Passive Income By Investing In Sun Communities Stock [Yahoo! Finance]Yahoo! Finance
- Sun Communities, Inc. Being Investigated on Behalf of Sun Communities, Inc. Investors. Contact Levi & Korsinsky For Details.Accesswire
- Sun Communities, Inc. Investigation Ongoing: Contact Levi & Korsinsky About Potential Securities Fraud Allegations - SUIAccesswire
- Sun Communities, Inc. (NYSE: SUI) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Lost Money on Sun Communities, Inc. (SUI)? Contact Levi & Korsinsky Regarding an Ongoing InvestigationAccesswire
SUI
Earnings
- 11/6/24 - Miss
SUI
Sec Filings
- 11/7/24 - Form 10-Q
- 11/7/24 - Form 4
- 11/7/24 - Form 3
- SUI's page on the SEC website