ROSEN, Renowned Law Firm, Urges Seritage Growth Properties Investors to Act Before Class Action Deadline - SRG

New York, July 13, 2024 (GLOBE NEWSWIRE) -- The prestigious investor rights law firm, ROSEN, is emphasizing the urgency for investors who have purchased securities of Seritage Growth Properties NYSE:SRM to consult legal counsel prior to the impending deadline for a significant securities class action lawsuit. The period in question is between July 7, 2022, and May 10, 2024, inclusively referred to as the 'Class Period'. The deadline for a lead plaintiff to come forward is on August 30, 2024.

Understanding the Significance of the Class Action Suit

The securities class action alleges that Seritage Growth Properties may have provided misleading information to investors or failed to disclose material facts during the Class Period which could have affected the value of its securities. These omissions or misstatements, if proven, might constitute violations of federal securities laws. Investors who suffered losses during this timeframe may be eligible for recovery and are encouraged to seek legal advice.

Deadlines and Legal Representation

A lead plaintiff will represent the class of investors in directing the litigation process. The deadline to apply as lead plaintiff is August 30, 2024. ROSEN Law Firm has a history of facilitating investors in their legal battles for rights and proper compensation. Affected investors of Seritage Growth Properties are advised to contact the firm to ensure their interests are represented in court.

ROSEN's Experience in Securities Litigation

With an international reach, ROSEN Law Firm stands out as a dedicated advocate for shareholder rights. Their track record highlights numerous successful securities class action settlements. The firm’s expertise could provide significant leverage in ensuring that Seritage Growth Properties investors who were potentially misled during the Class Period have a robust voice in the legal proceedings.

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