Samuel P. Groner and Scott B. Luftglass of Fried, Frank, Harris, Shriver & Jacobson have stepped in to defend Seritage Growth Properties, its CEO and CFO in a pending securities class action. The suit, filed July 1 in New York Southern District Court by Glancy Prongay & Murray on behalf of Zhengxu He, brings claims against the real estate investment trust for making false and/or misleading statements about the company's business operations and prospects. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-05007, Zhengxu He v. Seritage Growth Properties et al.
Real Estate
August 05, 2024, 9:12 AM