Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf
of CBL & Associates Properties, Inc. (“CBL & Associates” or the
“Company”) (NYSE: CBL)
investors concerning the Company and its officers’ possible violations
of federal securities laws.
If you are a shareholder who suffered a loss, click here to
participate.
If you wish to learn more about this action, or if you have any
questions concerning this announcement or your rights or interests with
respect to these matters, please contact Lesley Portnoy, Esquire, at
310-201-9150, Toll-Free at 888-773-9224, or by email to shareholders@glancylaw.com,
or visit our website at www.glancylaw.com.
On March 26, 2019, the Company disclosed that it had settled for $90
million a class action suit alleging that CBL & Associates overcharged
its tenants for electricity.
On this news, the Company’s share price fell $0.47, nearly 25%, to close
at $1.44 per share on March 27, 2019, thereby injuring investors.
If you purchased CBL & Associates securities, have information, or would
like to learn more about these claims, or have any questions concerning
this announcement or your rights or interests with respect to these
matters, please contact Lesley Portnoy, of GPM, 1925 Century Park East,
Suite 2100, Los Angeles, CA 90067 at 310-201-9150, Toll-Free at
888-773-9224, or visit our website at www.glancylaw.com.
If you inquire by email please include your mailing address, telephone
number, and the number of shares purchased.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
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