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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Brixmor Property Group Inc | NYSE:BRX | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.23 | 1.04% | 22.42 | 22.64 | 22.31 | 22.45 | 3,114,725 | 01:00:00 |
Law Offices of Howard G. Smith announces an investigation on behalf of investors of Brixmor Property Group Inc. (“Brixmor” or the “Company”) (NYSE: BRX) concerning the Company and its officers’ possible violations of federal securities laws. Law Offices of Howard G. Smith is preparing a lawsuit on behalf of injured investors.
On February 8, 2016, Brixmor disclosed that its Chief Executive Officer Michael Carroll, President and Chief Financial Officer Michael Pappagallo, Chief Accounting Officer Steven Splain and an accounting employee resigned, effective immediately. This news came after an audit committee uncovered that employees had been “smoothing” income in order make quarterly net operating income more steady. On this news shares of Brixmor fell over $5 per share, or nearly 20%, during intraday trading on February 8, 2016.
If you purchased Brixmor 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 email 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/20160209005719/en/
Law Offices of Howard G. SmithHoward G. Smith, Esquire215-638-4847888-638-4847howardsmith@howardsmithlaw.comwww.howardsmithlaw.com
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