Class Action Lawsuit Alert: Sun Communities, Inc.
The DJS Law Group is sending out a crucial reminder to all investors regarding a class action lawsuit against Sun Communities, Inc. (commonly known as "Sun") that operates under the ticker symbol SUI on the New York Stock Exchange. This case involves serious allegations of violations of federal securities laws, making it essential for affected shareholders to take action immediately.
Who Should Be Concerned?
If you purchased securities from Sun Communities between February 28, 2019, and September 24, 2024, you may be a part of the affected group, commonly referred to as the "Class Period." It's crucial that you contact the DJS Law Group by the end of February 10, 2025, to discuss your potential rights and remedies.
The Allegations
The lawsuit highlights allegations that Sun Communities made false and misleading statements regarding its financial performance during the class period. Notably, the company purportedly claimed to provide accurate reports while concealing significant financial liabilities. Specifically, the complaint points to the unexplained mortgage from DH Bingham Farms LLC, which was signed by the company’s CEO, Gary Shiffman. Furthermore, it is alleged that multiple undisclosed loans received by CEO Shiffman were not disclosed to investors, raising serious concerns about corporate governance and transparency.
Why Should You Act Now?
This is the final reminder for shareholders to actively participate in this legal action. If you believe you have incurred losses due to the alleged misconduct of Sun Communities, it is imperative to reach out and get involved. By joining the class action, you can share your experiences and potentially recover losses suffered during the class period.
The Role of DJS Law Group
DJS Law Group has established itself as a formidable player in securities litigation, focusing on enhancing investor returns through balanced, aggressive advocacy. The firm represents some of the largest hedge funds and asset managers globally, making them well-equipped to handle complex legal matters. Their commitment is to respect the litigation claims of their clients, ensuring they receive the attention and results they deserve.
For those impacted, this is an opportunity to hold corporate leaders accountable for their actions. The firm is dedicated to navigating the intricacies of securities law to serve its clients effectively.
Contact DJS Law Group
If you believe you are affected by the issues surrounding Sun Communities, do not hesitate to contact the DJS Law Group to discuss your situation. David J. Schwartz can be reached at their office located at 274 White Plains Road, Suite 1, Eastchester, NY 10709, or you can call 914-206-9742 for a confidential consultation. Additionally, inquiries can be sent via email to
info@djlawgroup.com.
A Reminder About Attorney Advertising
This press release should be acknowledged as Attorney Advertising in accordance with applicable laws and ethical standards in certain jurisdictions. As such, it aims to provide crucial information to current and potential clients, emphasizing the importance of understanding and claiming your rights.
Don’t let this opportunity pass without seeking the advice you need. Act now to secure your potential claims against Sun Communities, Inc.