RM LAW Announces Class Action Lawsuit Against CBL & Associates Properties, Inc.

BERWYN, Pa., May 21, 2019 /PRNewswire/ -- RM LAW, P.C. announces that a class action lawsuit has been filed on behalf of all persons or entities that purchased CBL & Associates Properties, Inc. ("CBL" or the "Company") (NYSE: CBL) between November 8, 2017 and March 26, 2019, inclusive (the "Class Period").

CBL shareholders may, no later than July 16, 2019, move the Court for appointment as a lead plaintiff of the Class.  If you purchased shares of CBL and would like to learn more about these claims or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (844) 291-9299 or to sign up online, click here.

The complaint alleges that throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) CBL was the target of a class action suit that could result in tens of millions or even hundreds of millions of dollars in liability; (2) CBL, motivated by a desire to avoid bad publicity surrounding its dishonest nature and its dishonest conduct, completely ignored its disclosure obligations; and (3) as a result, CBL's public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

If you are a member of the class, you may, no later than July 16, 2019, request that the Court appoint you as lead plaintiff of the class.  A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation.  In order to be appointed lead plaintiff, the Court must determine that the class member's claim is typical of the claims of other class members, and that the class member will adequately represent the class.  Under certain circumstances, one or more class members may together serve as "lead plaintiff."  Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff.  You may retain RM LAW, P.C. or other counsel of your choice, to serve as your counsel in this action.

For more information regarding this, please contact RM LAW, P.C.  (Richard A. Maniskas, Esquire) toll-free at (844) 291-9299 or by email at rm@maniskas.com or click here.   For more information about class action cases in general or to learn more about RM LAW, P.C. please visit our website by clicking here. 

RM LAW, P.C. is a national shareholder litigation firm.  RM LAW, P.C. is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.

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SOURCE RM LAW, P.C.