StockNews.AI
PGRE
StockNews.AI
90 days

INVESTOR ACTION NOTICE: Moore Law PLLC Encourages Investors in Paramount Group, Inc. to Contact Law Firm

1. Moore Law is investigating claims against PGRE regarding CEO's financial misconduct. 2. CEO Albert Behler allegedly used $4M for personal expenses and businesses. 3. Over $900,000 spent on his accounting services, and $3M related to his jet. 4. Industry analysts criticize PGRE for poor performance and high executive salaries. 5. Several executives have left amid controversy over financial disclosures.

5m saved
Insight
Article

FAQ

Why Very Bearish?

The allegations of misconduct and executive payments can severely damage PGRE's reputation, similar to past scandals that have negatively impacted similar firms, leading to drops in share prices and significant shareholder dissatisfaction.

How important is it?

The serious nature of these allegations affects investor confidence and company governance, leading to potential legal liabilities and operational disruptions.

Why Short Term?

Immediate backlash from investors and potential shareholder litigation may quickly influence PGRE's stock price, as seen in previous cases of executive misconduct that led to rapid sell-offs.

Related Companies

, /PRNewswire/ -- Moore Law, PLLC, a shareholder litigation law firm located on Wall Street, is investigating potential claims against: Paramount Group Inc. (NYSE: PGRE) Shareholders should email [email protected]; please contact only if shares acquired before 2022 The investigation concerns a Wall Street Journal article outing Chief Executive Albert Behler for tapping company coffers to the tune of $4,000,000.00 to fund his personal expenses and business interests and his wife's business interests over the past three years.1 On May 20, 2025, The Wall Street Journal published an article detailing that from 2022 to 2024, Paramount spent more than $900,000 on Behler's personal accounting services, which it disclosed for the first time in April. It also paid more than $3 million to a private jet company, partly owned by Behler, during the same period. That payout and several others were disclosed for the first time this year.  Industry analysts have criticized Paramount for delivering sagging returns relative to peers while still giving executives high compensation packages.  In the weeks since Paramount revealed payments to Behler's businesses, several top executives have left the firm, including those who were primarily responsible for financial disclosure.  If you own Paramount Group Inc. (NYSE: PGRE) stock, please contact Fletcher Moore by email at [email protected]. You may be able to seek monetary damages, corporate governance reforms, reimbursement to the company, and a court approved incentive award at no cost to you whatsoever.  All representation is on a contingency fee basis. Shareholders pay no fees or expenses. ____________________________1  Rebecca Picciotto, Major Office Landlord Is Exploring Sale of the Company, THE WALL STREET JOURNAL (May 21, 2025), https://www.wsj.com/business/c-suite/major-office-landlord-is-exploring-a-sale-of-the-company-794701e3 SOURCE Moore Law PLLC WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News