Shareholders sue Sun Communities for misleading investors with hidden loans and conflicts of interest.

A class-action lawsuit has been filed against Sun Communities, Inc., alleging the company misled investors with undisclosed loans and conflicts of interest. The suit covers actions from February 28, 2019, to September 24, 2024, and claims executives concealed material information, including a $4 million mortgage. Shareholders who suffered losses can join the lawsuit and have until February 10, 2025, to apply to lead the case.

3 months ago
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