Press release
Investigation announced for Investors in shares of Equity LifeStyle Properties, Inc. (NYSE: ELS) over potential Wrongdoing
An investigation on behalf of investors in Equity LifeStyle Properties, Inc. (NYSE: ELS) shares over potential wrongdoing.
Investors who purchased shares of Equity LifeStyle Properties, Inc. (NYSE: ELS) 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 Equity LifeStyle Properties, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
Chicago, IL based We are a self-administered, self-managed real estate investment trust ("REIT").
On January 22, 2024, Equity LifeStyle Properties, Inc. disclosed in a filing with the U.S. Securities and Exchange Commission that a prior error in the Company's previously filed financial statements determined to be immaterial was in fact, material. The error, which related to the classification of class outflows from the purchase of manufactured homes, led Equity to advise investors that its annual report for 2022 and first quarter report for 2023 should no longer be relied upon.
Shares of Equity LifeStyle Properties, Inc. (NYSE: ELS) declined from $72.84 per share on December 19, 2023, to $65.83 per share on January 25, 2024.
Those who purchased shares of Equity LifeStyle Properties, Inc. (NYSE: ELS) 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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