Rosen Law Firm Urges Sun Communities Investors to Act Before Key Deadline

NEW YORK, Jan. 05, 2025 (GLOBE NEWSWIRE) --

WHY: Rosen Law Firm, recognized as a leading global investor rights law firm, is drawing attention to investors who purchased securities of Sun Communities, Inc. (NYSE: SUI) during the timeframe from February 28, 2019, to September 24, 2024, known as the "Class Period." These investors are reminded of the crucial February 10, 2025 lead plaintiff deadline.

SO WHAT: Anyone who bought Sun Communities securities during this designated Class Period may be eligible for compensation. This can be achieved without incurring any out-of-pocket fees, adhering to a contingency fee structure that ensures payment is made only from any potential settlements.

WHAT TO DO NEXT: If you would like to participate in the class action lawsuit against Sun Communities, you can join by visiting this link or by contacting Phillip Kim, Esq. at 866-767-3653 toll-free or via email at [email protected] for further details regarding the class action. A class action lawsuit has already been initiated, and if you wish to become a lead plaintiff, your application must be submitted by February 10, 2025. The lead plaintiff serves as a representative for other class members and guides the litigation process.

WHY ROSEN LAW: Investors are encouraged to choose experienced legal counsel for representation. Many firms announcing these types of notices may lack the necessary expertise, resources, or recognition in this field. Some might not actively litigate securities class actions but instead act merely as intermediaries, referring clients to other firms. It's important to make informed choices when selecting legal representation. Rosen Law Firm proudly stands as an advocate for investors across the globe, focusing on securities class actions and shareholder derivative litigation. The firm holds the notable achievement of securing the largest securities class action settlement against a Chinese company at that time and was ranked No. 1 by ISS Securities Class Action Services for the volume of settlements in 2017. Rosen Law has consistently ranked in the top four each year since 2013, recovering hundreds of millions of dollars for investors, including over $438 million in 2019 alone. Additionally, founding partner Laurence Rosen was recognized by Law360 as a prominent figure in the Plaintiffs' Bar in 2020, with many attorneys at the firm acknowledged by reputable platforms such as Lawdragon and Super Lawyers.

DETAILS OF THE CASE: The lawsuit claims that during the Class Period, the defendants provided misleading information about Sun Communities' financial health and growth prospects. Specifically, there was a failure to disclose material facts, such as the DH Bingham Farms LLC mortgage executed by CEO Gary Shiffman and multiple undisclosed loans, one of which was from Company Board Member Arthur Weiss. The defendants allegedly misled investors with flawed positive statements and growth estimations that did not consider these critical financial details. The lawsuit asserts that when the actual facts came to light, investors experienced considerable losses.

To join the Sun Communities class action, please visit this link, call Phillip Kim, Esq. toll-free at 866-767-3653, or email [email protected] for more information.

Important Note: No class has been certified yet. Until a class is officially certified, you are not represented by counsel unless you actively retain one. You have the option to seek your counsel of choice or to remain an absent class member and take no further action at this stage. Your eligibility to share in any potential recoveries does not depend on serving as the lead plaintiff.

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Attorney Advertising: Prior results do not guarantee a similar outcome.

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Contact Information:

Laurence Rosen, Esq.

Phillip Kim, Esq.

The Rosen Law Firm, P.A.

275 Madison Avenue, 40th Floor

New York, NY 10016

Tel: (212) 686-1060

Toll Free: (866) 767-3653

Fax: (212) 202-3827

[email protected]

www.rosenlegal.com

Securities, ClassAction, Investment