Recent Security Class Actions

Seritage Growth Properties Class A Common Stock (NYSE: SRG)

45 Days left to seek lead plaintiff status.

Company Name:Seritage Growth Properties Class A Common Stock
Stock Symbol:NYSE: SRG
Class Period Start:07/07/2022
Class Period End (inclusive):05/10/2024
Filing Deadline:08/30/2024

According to the Complaint, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that the Company lacked effective internal controls regarding the identification and review of impairment indicators for investments in real estate; (2) that, as a result, the Company had overstated the value and projected gross proceeds of certain real estate assets; and (3) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Seritage Growth Properties Class A Common Stock (NYSE: SRG) Claim Form

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