NEW YORK, March 5, 2020 /PRNewswire/ -- WeissLaw LLP, a
national class action and shareholders' rights law firm with
offices in New York, California and Georgia, announces an investigation of the
Board of Directors and executives of CBL Associates Properties,
Inc. (NYSE: CBL) ("CBL" or the "Company"), for possible breaches of
fiduciary duty and other violations of law in connection with their
unlawful concealment of (and the lack of proper internal controls
resulting in) the payment by CBL of the uninsured sum of
$90 million in settlement of claims
of racketeering for overcharging retail tenants. The full
misconduct was disclosed on March 26,
2019, when CBL filed a Form 8-K with the SEC containing a
press release containing the information.
If you own CBL shares and wish to discuss this
investigation or have any questions concerning this notice or your
rights or interests, visit our website:
http://www.weisslawllp.com/cbl-associates-properties-inc/
Or please contact:
Joshua Rubin,
Esq.
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY 10036
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
WeissLaw LLP has litigated hundreds of stockholder class and
derivative actions for violations of corporate and fiduciary
duties. We have recovered over a billion dollars for
defrauded clients and obtained important corporate governance
relief in many of these cases. If you have information or
would like legal advice concerning possible corporate wrongdoing
(including insider trading, waste of corporate assets, accounting
fraud, or materially misleading information), consumer fraud
(including false advertising, defective products, or other
deceptive business practices), or anti-trust violations, please
email us at stockinfo@weisslawllp.com
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SOURCE WeissLaw LLP