BENSALEM, Pa.–(BUSINESS WIRE)–lt;a href=”https://twitter.com/search?q=%24CBL&src=ctag” target=”_blank”gt;$CBLlt;/agt; lt;a href=”https://twitter.com/hashtag/classaction?src=hash” target=”_blank”gt;#classactionlt;/agt;–Law Offices of Howard G. Smith announces an investigation on behalf of
CBL & Associates Properties, Inc. (“CBL & Associates” or
the “Company”) (NYSE: CBL)
investors concerning the Company and its officers’ possible violations
of federal securities laws.
On March 26, 2019, the Company disclosed that it had settled for $90
million a class action suit alleging that CBL & Associates overcharged
its tenants for electricity.
On this news, the Company’s share price fell $0.47, nearly 25%, to close
at $1.44 per share on March 27, 2019, thereby injuring investors.
If you purchased CBL & Associates 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.