New York, New York–(Newsfile Corp. – December 15, 2024)– Why: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Sun Communities, Inc. (NYSE:) between February 28, 2019 and September 24, 2024, both dates. inclusive (“Term Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the court No later than February 10, 2025.
so what: If you purchase 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.
What to do next: To join the SUI class action, go to https://rosenlegal.com/submit-form/?case_id=32347 or contact Phillip Kim, Esq. Toll free at 866-767-3653 or email case@rosenlegal.com for information about the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the court No later than February 10, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the lawsuit.
Why Rosen's Law: We encourage investors to select qualified advisors with a proven track record of success in leadership roles. Often, companies issuing notices do not have similar experience, resources, or any meaningful recognition from their peers. Be wise in choosing advisors. The Rosen Law Firm represents investors throughout the world, focusing its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever settlement of a securities class action lawsuit against a Chinese company at that time. Rosen Law Firm is Ranked #1 by ISS Securities Class an act (WA:) Services for a number of securities class action settlements in 2017. The firm has been ranked in the top 4 every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the company raised more than $438 million for investors. In 2020, co-founder Lawrence Rosen was named by Law360 as a Titan in the Plaintiffs Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Case details: According to the lawsuit, during the Class Period, the defendants created the false impression that they were presenting a complete and accurate picture of SUI's financial and accounting reports related to SUI's projected revenue projections and projected growth. At no time did Defendants mention or even allude to the DH Bingham Farms LLC mortgage, signed by Chief Executive Officer (“CEO”) Gary Schiffman, or multiple undisclosed loans received by CEO Gary Schiffman, including one from a member SUI Board of Directors Arthur Weiss. Defendants misled investors by providing the public with materially deficient confidence statements and growth forecasts throughout the Class Period, which did not take these variables into account. When the true details entered the market, the lawsuit claims, investors suffered damages.
To join the SUI class action, go to https://rosenlegal.com/submit-form/?case_id=32347 Contact Phillip Kim, Esq. Toll free at 866-767-3653 or email case@rosenlegal.com for information about the class action.
No category is approved. Until the class is approved, you will not be represented by counsel unless you retain one. You can choose the lawyer of your choice. You can also remain an absent class member and do nothing at this point. An investor's ability to participate in any potential future recovery is not dependent on serving as lead plaintiff.
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