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Investigation announced for Investors in Weingarten Realty Investors (NYSE: WRI)

04-30-2021 04:15 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in Weingarten Realty Investors (NYSE: WRI) shares over potential wrongdoing.

An investigation on behalf of investors in Weingarten Realty Investors (NYSE: WRI) shares over potential wrongdoing.

Certain directors of Weingarten Realty Investors are under investigation over potential breaches of fiduciary duties.

Investors who purchased shares of Weingarten Realty Investors (NYSE: WRI) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain Weingarten Realty Investors directors breached their fiduciary duties and caused damage to the company and its shareholders.

Houston, TX based Weingarten Realty Investors (NYSE: WRI) is a shopping center owner, manager and developer. Weingarten Realty Investors reported that its annual Total Revenue declined from $486.62 million in 2019 to $433.91 million in 2020, and that its Net Income declined from $315.43 million in 2019 to $112.14 million in 2020.

Shares of Weingarten Realty Investors (NYSE: WRI) closed on April 21, 2021, at $31.04 per share.

Those who purchased shares of Weingarten Realty Investors (NYSE: WRI), have certain options and should contact the Shareholders Foundation.

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 lawsuits, 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.

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