Press release
Howard Hughes Holdings Inc. (NYSE: HHH) Investor Alert: Investors in Seaport Entertainment Group Inc. (NYSE American: SEG) should contact the Shareholders Foundation
An investigation on behalf of investors of Seaport Entertainment Group Inc. (NYSE American: SEG) shares over potential securities laws violations by Seaport Entertainment Group Inc. (NYSE American: SEG and certain of its directors and officers in connection with certain financial statements was announced.Investors who aquired shares of Seaport Entertainment Group Inc. (NYSE American: SEG), 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 Seaport Entertainment Group Inc. (NYSE American: SEG) concerning whether a series of statements by Seaport Entertainment Group Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
New York based Seaport Entertainment Group Inc. develops, owns, and operates a portfolio of entertainment and real estate assets primarily in the New York City and Las Vegas. Seaport Entertainment Group Inc was spun off by Howard Hughes Holdings Inc. (NYSE: HHH) in July 2024.
On July 23, 2024, Howard Hughes Holdings Inc. (NYSE: HHH) announced that outstanding shares of common stock of Seaport Entertainment Group Inc. ("Seaport Entertainment") wiere to be traded on the NYSE American stock exchange ("NYSE American") following their distribution to HHH common stockholders of record at the close of business on July 29, 2024 (the "Record Date").
Since the Record Date, shares of Seaport's common stock have declined in value from $34.00 per share to as low as $24.08 per share on August 16, 2024.
Those who purchased shares of Seaport Entertainment Group Inc. (NYSE American: SEG) 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
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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