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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Necessity Retail REIT, Inc. - RTL

1. Pomerantz LLP is investigating Necessity Retail REIT's merger with Global Net Lease. 2. Investors claim possible securities fraud by Necessity Retail's officers and directors. 3. Affo projections for 2024-2025 are set at $399.8M and $409.0M. 4. Global Net Lease's share price has fallen over 33% since the merger. 5. The investigation highlights concerns around judge fiduciary duty breaches.

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FAQ

Why Very Bearish?

The ongoing investigation suggests significant legal risk, reminiscent of past cases leading to drops in share value.

How important is it?

Legal investigations often lead to stock sell-offs, impacting RTL’s price significantly.

Why Short Term?

Immediate legal scrutiny may lead to quick market reactions, akin to previous fraud investigations.

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GNL
, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Necessity Retail REIT, Inc. ("Necessity Retail" or the "Company") (NASDAQ: RTL) who received shares of Global Net Lease, Inc. ("Global Net Lease") in connection with Global Net Lease's acquisition of Necessity Retail on September 12, 2023 (the "Merger").  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980. The investigation concerns whether Necessity Retail and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] The offering materials for the Merger ("Offering Materials") presented projections for the combined company's Adjusted Funds From Operations ("AFFO") for each year between 2024 and 2028.  AFFO is a metric that REITs use to assess their ability to generate cash to support shareholder distributions.  The Offering Materials presented AFFO projections for the combined company of $399.8 million and $409.0 million for 2024 and 2025 respectively. Since September 12, 2023, the date upon which Global Net Lease issued shares to former Necessity Retail investors, Global Net Lease's share price has declined by over 33%. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes.  CONTACT:Danielle PeytonPomerantz LLP[email protected]646-581-9980 ext. 7980 SOURCE Pomerantz LLP WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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