BENSALEM, Pa.–(BUSINESS WIRE)–$BBX #classaction–Law Offices of Howard G. Smith announces an investigation on behalf of
BBX Capital Corporation (“BBX Capital” or the “Company”) (NYSE: BBX)
investors concerning the Company and its officers’ possible violations
of federal securities laws.
On May 28, 2019, Bluegreen Vacations, 90% of which is owned by BBX
Capital, relayed that Bass Pro Inc. and its affiliates had terminated
the two parties’ Marketing Agreement effective May 24, 2019, due to
alleged breaches by Bluegreen Vacations. Due to the termination of the
Marketing Agreement, Bluegreen Vacations no longer has access to Bass
Pro’s marketing and advertising materials.
On this news, the Company’s share price fell $0.23, more than 5%, to
close at $4.25 on May 29, 2019, thereby injuring investors.
If you purchased BBX Capital securities, have information or would like
to learn more about these claims, or have any questions concerning this
announcement or your rights or interests with respect to these matters,
please contact Howard G. Smith, Esquire, of Law Offices of Howard G.
Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by
telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to [email protected],
or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
[email protected]
www.howardsmithlaw.com
