NEW YORK, June 27, 2016 (GLOBE NEWSWIRE) — Scott+Scott, Attorneys at Law, LLP (“Scott+Scott”), a global investor rights law firm, reminds investors that July 26, 2016 is the last day to file lead plaintiff papers in the securities lawsuit against CBL & Associates Properties, Inc. (“CBL” or “Company”) (NYSE:CBL) and certain of its directors (collectively, “Defendants”). CBL investors are encouraged to go to: Join the Action. You can also contact Joseph Halloran at (646) 582-0121, or e-mail [email protected] for information.
CBL, a real estate investment trust (“REIT”), purports to be one of the largest and most active owners and developers of malls and shopping centers in the United States, owning, holding interests in, or managing more than 140 properties across 31 states.
The complaint alleges that between August 8, 2013 and May 24, 2016 inclusive (the “Class Period”), Defendants made materially false and misleading statements regarding the Company’s business, operational and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) certain of its employees may have provided material non-public information to Senator Robert Corker; and (ii) the Company failed to disclose to its shareholders that certain of its financing arrangements were obtained through fraud and/or misrepresentation; and (iii) as a result of the foregoing, CBL’s public statements were materially false and misleading at all relevant times.
What You Can Do
If you purchased shares of CBL stock, you may have legal claims against the Company. If you want to discuss filing lead plaintiff papers, or have questions about your legal rights, please contact attorney Joseph Halloran at (800) 404-7770 or (646) 582-0121, or at [email protected].
About Scott + Scott, Attorneys at Law, LLP
Scott+Scott has significant experience prosecuting major securities, antitrust, and employee retirement plan actions throughout the United States. The firm has offices in New York, London, Connecticut, California, and Ohio. Please visit www.scott-scott.com for more information about the firm.
CONTACT: CONTACT: Joseph V. Halloran Scott+Scott, Attorneys at Law, LLP (646) 582-0121 [email protected]