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CBL CBL and Associates Properties Inc

25.925
0.435 (1.71%)
Last Updated: 16:11:11
Delayed by 15 minutes
Share Name Share Symbol Market Type
CBL and Associates Properties Inc NYSE:CBL NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.435 1.71% 25.925 25.96 25.60 25.67 21,142 16:11:11

Glancy Prongay & Murray Commences Investigation on Behalf of CBL & Associates Properties, Inc. Investors

25/05/2016 4:53pm

Business Wire


CBL and Associates Prope... (NYSE:CBL)
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Glancy Prongay & Murray LLP (“GPM”) 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. GPM is preparing a lawsuit on behalf of injured investors.

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 Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Glancy Prongay & Murray LLP, Los AngelesLesley Portnoy, 310-201-9150 or 888-773-9224shareholders@glancylaw.comwww.glancylaw.com

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