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Deadline on July 23rd coming up in Lawsuit for Investors in shares of Washington Prime Group Inc (NYSE: WPG)

07-01-2021 02:24 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A Deadline is coming up on July 23, 2021in the lawsuit for certain investors in Washington Prime Group Inc (NYSE: WPG).

A Deadline is coming up on July 23, 2021in the lawsuit for certain investors in Washington Prime Group Inc (NYSE: WPG).

A deadline is coming up on July 23, 2021 in the lawsuit filed for certain investors of Washington Prime Group Inc (NYSE: WPG) over alleged securities laws violations by Washington Prime Group Inc.

Investors who purchased shares of Washington Prime Group Inc (NYSE: WPG) have certain options and there are strict and short deadlines running. Deadline: July 23, 2021. NYSE: WPG 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 Southern District of Ohio the plaintiff alleges on behalf of purchasers of Washington Prime Group Inc (NYSE: WPG) common shares between November 5, 2020, and March 4, 2021, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between November 5, 2020 and March 4, 2021, the Defendants failed to disclose to investors that Washington Prime Group Inc’s financial condition was deteriorating substantially, that, as a result, there was substantial uncertainty about the Company’s ability to meet its capital structure obligations as they became due, and that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Those who purchased shares of Washington Prime Group Inc. (NYSE: WPG) 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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