There were 540 press releases posted in the last 24 hours and 156,431 in the last 365 days.

Whitestone REIT Investor Alert: Law Offices of Andrew J. Brown Investigates Possible Violations of Federal Securities Laws by Officers and Directors

/EIN News/ -- SAN DIEGO, April 17, 2019 (GLOBE NEWSWIRE) -- Nationally recognized securities attorney Andrew J. Brown, founder of The Law Offices of Andrew J. Brown, announces an investigation into legal claims against the officers and Board of Directors of Whitestone REIT (NYSE:WSR).
More information can be found at www.thebrownlawfirm.com.

On April 16, 2019, a class action lawsuit was filed in the United States District Court Southern District of Texas on behalf of all persons or entities who purchased or otherwise acquired Whitestone REIT securities between May 9, 2018 and February 27, 2019 (the “Class Period”).

The complaint alleges that Defendants made false and misleading statements and failed to disclose that (1) the Company lacked effective internal controls over financial reporting; (2) Whitestone was incorrectly recognizing assets and liabilities associated with its contribution to Pillarstone Capital REIT Operating Partnership LP; and (3) the Company's financial statements for the fiscal year 2018 overstated revenues.

These alleged false and misleading statements made by Defendants caused investors to suffer as shares fell more than 8% in one day.

Based upon the allegations in the filed class action complaint, the Law Offices of Andrew J. Brown is investigating legal claims involving violations of federal securities laws by the Company’s Officers and Directors. The Law Offices of Andrew J. Brown is an investor and consumer-dedicated litigation firm with more than 20 years of experience in complex consumer and securities class action litigation. www.thebrownlawfirm.com

If you are a Whitestone REIT shareholder and want to learn more about the investigation and pending lawsuit, contact Andrew J. Brown at info@thebrownlawfirm.com. There is no cost or fee to you. If you wish to be appointed lead plaintiff of the proposed class you must make the request no later than June 17, 2019.

Andrew J. Brown
Law Offices of Andrew J. Brown
501 W. Broadway, Ste. 1490
San Diego, CA 92101

(619) 501-6550

www.thebrownlawfirm.com

Attorney Advertising: Prior results do not predict or guarantee a similar outcome.

thebrownlawfirm-logo-final-color.jpg

Distribution channels: Consumer Goods, Law


EIN Presswire does not exercise editorial control over third-party content provided, uploaded, published, or distributed by users of EIN Presswire. We are a distributor, not a publisher, of 3rd party content. Such content may contain the views, opinions, statements, offers, and other material of the respective users, suppliers, participants, or authors.