#United States #New York #Class Action #Securities Fraud #Sun Communities

Opportunity for SUI Investors to Lead a Class Action

The Rosen Law Firm, a prominent legal advocate for investors, has recently announced the initiation of a class action lawsuit on behalf of shareholders of Sun Communities, Inc. (NYSE: SUI). This case is particularly relevant for those who acquired SUI securities between February 28, 2019, and September 24, 2024. Investors who have suffered losses exceeding $100,000 during this period now have the opportunity to take active roles in the lawsuit as lead plaintiffs.

Details of the Lawsuit

The lawsuit focuses on allegations that Sun Communities’ executives artificially inflated the company's financial outlook and growth projections, which ultimately misled investors. Reports indicate that important financial information was intentionally withheld, creating a misleading narrative about the firm's performance. Specifically, the suit flags undisclosed loans involving CEO Gary Shiffman and misstatements regarding the firm's revenue potentials.

Interested investors can join the effort by submitting their information through the Rosen Law Firm's designated forms or by contacting attorney Phillip Kim. Importantly, there are no upfront costs involved, as the firm operates on a contingency fee basis, meaning that legal fees are only applicable if the lawsuit results in a financial recovery.

Joining the Class Action

Those looking to participate as lead plaintiffs must contact the firm by February 10, 2025. Rosen Law Firm highlights that while a class has not yet been officially certified, taking early action is crucial for those wishing to represent their interests in court. The law firm encourages any individuals affected by the alleged misconduct to act promptly to secure their potential recovery.

For investors uncertain about joining, it’s advised that they may remain passive class members or choose their own legal representation if desired. Importantly, involvement as a lead plaintiff is not a requirement for receiving potential recovery from the lawsuit.

Why Choose Rosen Law Firm?

Rosen Law Firm boasts an impressive track record of successfully handling securities class actions and has recovered substantial sums for investors in past cases. The firm was notably awarded the largest securities class action settlement against a Chinese company at one point, while consistently ranking among the top law firms by respected entities such as ISS Securities Class Action Services since 2013.

Choosing the right counsel is paramount, and investors are encouraged to select a firm with substantial experience and verifiable success in the field of securities litigation.

Conclusion

If you purchased Sun Communities securities during the specified class period and have experienced significant financial losses, now is the time to consider your options regarding this class action lawsuit. The path to repairs and potential compensation is available, and proactive steps taken now could make all the difference in your recovery journey. For further information, individuals are urged to visit the Rosen Law Firm’s website or contact attorneys directly for guidance on their next steps.

Stay informed on updates by following the Rosen Law Firm in social media for more developments. With timely action, investors may enhance their chances of receiving appropriate restitution for their losses.

Contact Information

For more information or to join the class action, interested parties can visit Rosen Law Firm’s website or email [email protected]. Additionally, a toll-free contact number is available at 866-767-3653 for immediate inquiries regarding the case.