Pension Fund Sues REIT, Others Over Alleged Misstatements
(July 8, 2016, 12:53 PM EDT) -- CHATTANOOGA, Tenn. — A pension plan filed a securities class action complaint in a Tennessee federal court on June 23, arguing that a real estate investment trust (REIT) and certain current and former executive officers misrepresented the REIT’s business and operations in violation of federal securities laws (International Union of Painters & Allied Trades District Council No. 35 Pension Plan v. CBL & Associates Properties Inc., et al., No. 16-0248, E.D. Tenn.).
(Complaint available. Document #57-160718-502C.)
Shareholder International Union of Painters & Allied Trades District Council...