INVESTOR ALERT: Investigation of CBL & Associates Properties, Inc. Announced by Law Offices of Howard G. Smith
May 26 2016 - 9:30AM
Business Wire
Law Offices of Howard G. Smith announces an investigation
on behalf of investors of CBL & Associates Properties, Inc.
(“CBL” or the “Company”) (NYSE: CBL) concerning the Company and its
officers’ possible violations of federal securities laws.
On May 24, 2016, after the market close, the Wall Street Journal
(“WSJ”) reported that the FBI and SEC are investigating whether CBL
officials falsified info on financial statements to banks when
applying for financial arrangements. According to the WSJ the
Company allegedly inflated its rental income and occupancy rates
when reporting these figures.
On this news, CBL shares fell $1.26 per share, or nearly 13%,
during intraday trading on May 25, 2016.
If you purchased CBL securities, have information or would like
to learn more about these claims, or have any questions concerning
this announcement or your rights or interests with respect to these
matters, please contact Howard G. Smith, Esquire, of Law Offices of
Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem,
Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at
(888) 638-4847, or by e-mail
to howardsmith@howardsmithlaw.com, or visit our website at
http://www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160526005298/en/
Law Offices of Howard G. SmithHoward G. Smith,
Esquire215-638-4847888-638-4847howardsmith@howardsmithlaw.comwww.howardsmithlaw.com
CBL and Associates Prope... (NYSE:CBL)
Historical Stock Chart
From Jun 2024 to Jul 2024
CBL and Associates Prope... (NYSE:CBL)
Historical Stock Chart
From Jul 2023 to Jul 2024