Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, Jan. 21, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Sun Communities, Inc. ("Sun Communities, Inc." or the "Company") (NYSE: SUI) investors of a class action representing investors that bought securities between February 28, 2019 and September 24, 2024, inclusive (the "Class Period"). Sun Communities, Inc. investors have until February 10, 2025 to file a lead plaintiff motion.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
According to the complaint, the defendants provided investors with critical information regarding SUI’s accounting practices and internal controls over financial reporting. On September 24, 2024, after the market closed, an investment research report raised concerns about the integrity of SUI’s Board, as well as the company’s governance, controls, and financial disclosures. This revelation prompted an immediate reaction from investors and analysts. As a result, SUI’s stock price experienced a sharp decline. From a closing price of $139.10 per share on September 24, 2024, the stock dropped to a low of $137.48 per share on September 25, 2024.
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The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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