The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of Sun Communities, Inc.(SUI) Shareholders

1. Shareholders urged to join class action against Sun Communities, Inc. (SUI). 2. Allegations involve misleading information about SUI's accounting practices and governance. 3. SUI's stock price dropped from $139.10 to $137.48 after allegations emerged. 4. The class period for claims extends to September 24, 2024. 5. Investors encouraged to register for updates and possible lead plaintiff roles.

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FAQ

Why Bearish?

Recent allegations may damage investor confidence, impacting SUI's share price similarly to past scandals.

How important is it?

The article details a significant legal issue potentially affecting SUI's financial stability.

Why Short Term?

The immediate impact is felt, as stock prices adjust to negative news quickly.

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SUI

NOTICE TO SHAREHOLDERS

NEW YORK, Feb. 10, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Sun Communities, Inc. (NYSE: SUI).

Shareholders who purchased shares of SUI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.

CONTACT US HERE:

https://securitiesclasslaw.com/securities/sun-communities-inc-loss-submission-form/?id=127833&from=4

CLASS PERIOD: February 28, 2019 to September 24, 2024

ALLEGATIONS:

According to the complaint, defendants provided investors with material information concerning SUI's accounting practices and internal control over financial reporting. On September 24, 2024, after market close, an investment research report emerged calling into question the integrity of SUI's Board and the integrity of the Company's governance, controls, and financial disclosures. Investors and analysts reacted immediately to SUI's revelation. The price of SUI's common stock declined dramatically. From a closing market price of $139.10 per share on September 24, 2024, SUI's stock price fell to a low of $137.48 per share on September 25, 2024.

DEADLINE:

February 10, 2025. Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/sun-communities-inc-loss-submission-form/?id=127833&from=4

NEXT STEPS FOR SHAREHOLDERS:

Once you register as a shareholder who purchased shares of SUI during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is February 10, 2025. There is no cost or obligation to you to participate in this case.

WHY GROSS LAW FIRM?

The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: info@grosslawfirm.com
Phone: (646) 453-8903

SOURCE The Gross Law Firm