SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of CBL & Associates Properties, Inc. of Commencement of a Class A...
May 31 2016 - 3:00PM
The following statement is being issued by Levi & Korsinsky,
LLP:
To: All persons or entities who
purchased or otherwise acquired securities of CBL
& Associates Properties, Inc. (“CBL”) (NYSE:CBL)
between August 8, 2013 and May 24, 2016.
You are hereby notified that a
securities class action lawsuit has been commenced in the USDC for
the Eastern District of Tennessee. If you purchased or otherwise
acquired CBL securities between August 8, 2013 and May 24, 2016,
your rights may be affected by this action. To get more information
go to:
http://www.zlk.com/pslra/cbl-associates.
The complaint alleges that defendants violated
the Securities Exchange Act of 1934 by virtue of their failure to
disclose during the Class Period that certain of the Company’s
employees may have provided material non-public information to
Senator Robert Corker, and that certain of its financing
arrangements were obtained through fraud and/or
misrepresentation.
On May 24, 2016, after the market close, the
Wall Street Journal reported that the Federal Bureau of
Investigation and the U.S. Securities and Exchange Commission are
investigating whether CBL officials falsified information on
financial statements to banks when applying for financial
arrangements. According to the Wall Street Journal, the Company
allegedly inflated its rental income and occupancy rates when
reporting these figures.
If you suffered a loss in CBL you have
until July 26, 2016 to request that the Court appoint you
as lead plaintiff. Your ability to share in any recovery doesn’t
require that you serve as a lead plaintiff. To obtain additional
information, contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972, or visit
http://www.zlk.com/pslra/cbl-associates.
Levi & Korsinsky is a national firm with
offices in New York, New Jersey, California, Connecticut, and
Washington D.C. The firm’s attorneys have extensive expertise and
experience representing investors in securities litigation
involving financial fraud, and have recovered hundreds of millions
of dollars for aggrieved shareholders. Attorney advertising. Prior
results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
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