New York, New York--(Newsfile Corp. - May 26, 2021) - The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Washington Prime Group, Inc. (NYSE: WPG) alleging that the Company violated federal securities laws.
Class Period: November 5, 2020 and March 4, 2021
Lead Plaintiff Deadline: July 23, 2021
Learn more about your recoverable losses in WPG:
The filed complaint alleges that Washington Prime Group, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) WPG's financial condition was deteriorating substantially; (2) as a result, there was substantial uncertainty about the Company's ability to meet its capital structure obligations as they became due; and (3) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Shareholders have until July 23, 2021 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
For additional information about the WPG lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click the link above.
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.
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