ROSEN, A TOP RANKING INVESTOR RIGHTS FIRM, Encourages Losing Washington Prime Group Inc. Investors to Obtain Legal Counsel Before Important Securities Class Action Deadline – WPG | 2021-06-12 | Press Releases
NEW YORK, NY / ACCESSWIRE / June 12, 2021 / WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of buyers of securities of Washington Prime Group Inc. (NYSE: WPG) between November 5, 2020 and November 4, 2020. March 2021 inclusive (the “Recourse Period”). A class action has already been filed. If you want to serve as the principal applicant, you must move the court no later than July 23, 2021.
SO WHAT: If you purchased any securities of Washington Prime Group during the Class Period, you may be entitled to compensation without payment of any costs or additional charges through a contingency fee agreement.
WHAT TO DO NEXT: To join the Washington Prime Group class action lawsuit, go to http://www.rosenlegal.com/cases-register-2102.html or call Phillip Kim, Esq. toll free at 866-767-3653 or by emailing [email protected] or [email protected] for information on the class action. A class action has already been filed. If you want to serve as the principal applicant, you must move the court no later than July 23, 2021. A principal plaintiff is a representative party acting on behalf of the other members of the class to direct the litigation.
WHY THE ROSEN LAW: We encourage investors to select qualified advisors with a track record of success in leadership roles. Often, review companies do not have comparable experience or resources. Rosen law firm represents investors around the world, focusing its practice on class actions in securities and derivative litigation between shareholders. Rosen law firm has secured the largest securities class action settlement against a Chinese company. Rosen law firm was ranked # 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has been ranked in the top 4 every year since 2013 and has recovered hundreds millions of dollars for investors. In 2019 alone, the company raised more than $ 438 million for investors. In 2020, founding partner Laurence Rosen was appointed by law360 as the Titan of Plaintiffs’ Bar. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.
CASE DETAILS: According to the lawsuit, the defendants throughout the period of the action made false and / or misleading statements and / or failed to disclose that: (1) the financial condition of Washington Prime Group was deteriorating significantly; (2) as a result, there was considerable uncertainty as to the Company’s ability to meet its capital structure obligations as they became due; and (3) as a result of the foregoing, the defendants’ positive statements about the business, operations and prospects of Washington Prime Group were misleading and / or lacked reasonable basis. When the real details entered the market, the lawsuit claims that investors have suffered damage.
To join the Washington Prime Group class action lawsuit, go to http://www.rosenlegal.com/cases-register-2102.html or call Phillip Kim, Esq. toll free at 866-767-3653 or by emailing [email protected] or [email protected] for information on the class action.
No class has been certified. Until a group is certified, you are not represented by a lawyer unless you hire one. You can choose the lawyer of your choice. You can also remain an absent group member and do nothing at this point. The ability of an investor to participate in any potential future recovery does not depend on whether he or she is a lead applicant.
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Laurence Rosen, Esq.
Phillip Kim, Esq.
Rosen Law Firm, Pennsylvania
275 Madison Avenue, 40th Floor
New York, New York 10016
Phone. : (212) 686-1060
Toll free: (866) 767-3653
Fax: (212) 202-3827
SOURCE: Rosen Law Firm PA
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