Deadline on August 24th coming up in Lawsuit filed for Investors in Brookdale Senior Living Inc. (NYSE: BKD)

A deadline is coming up on August 24, 2020 in the lawsuit filed for certain investors of Brookdale Senior Living Inc. (NYSE: BKD) over alleged securities laws violations by Brookdale Senior Living Inc.

Investors who purchased shares of Brookdale Senior Living Inc. (NYSE: BKD) have certain options and there are strict and short deadlines running. Deadline: August 24, 2020. NYSE: BKD stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the Middle District of Tennessee the plaintiff alleges on behalf of purchasers of Brookdale Senior Living Inc. (NYSE: BKD) common shares between August 10, 2016, and April 29, 2020, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between August 10, 2016, and April 29, 2020, the Defendants made false and/or misleading statements and/or failed to disclose that Brookdale's financial performance was sustained by, among other things, the Company's purposeful understaffing of its senior living communities, that the foregoing conduct subjected Brookdale to an increased risk of litigation and, once revealed, was foreseeably likely to have a material negative impact on the Company's financial results and reputation, that as a result, the Company's financial results were unsustainable, and that as a result, the Company's public statements were materially false and misleading at all relevant times.

Those who purchased shares of Brookdale Senior Living Inc. (NYSE: BKD) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.