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MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) Investor Notice: Investigation over possible Violations of Securities Laws

08-01-2023 07:03 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) shares.

An investigation for investors in MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) shares.

An investigation on behalf of investors of MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) shares over potential securities laws violations by MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI and certain of its directors and officers in connection with certain financial statements was announced.

Investors who purchased shares of MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI), 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 focuses on possible claims on behalf of purchasers of the securities of MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) concerning whether a series of statements by MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

The investment objective of MainStay CBRE Global Infrastructure Megatrends Term Fund is to seek a high level of total return with an emphasis on current income.

Shares of MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) declined from $20.44 per share in January 2022 to as low as $11.43 per share in October 2022.

On July 31, 2023, NYSE: MEGI shares closed at $14.15 per share.

Those who purchased shares of MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) 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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