Energy News / Shareholders Foundation, Inc.

NYSE:WSR Shareholder Notice: Lawsuit Alleges Misleading Statements by Whitestone REIT

Via: ReleaseWire

Updated 11:45 AM CDT, Tue, May 07,2019

A lawsuit was filed on behalf of investors in Whitestone REIT (NYSE: WSR) shares over alleged securities laws violations.

San Diego, CA -- (SBWIRE) -- 05/07/2019 -- An investor, who purchased shares of Whitestone REIT (NYSE: WSR), filed a lawsuit over alleged violations of Federal Securities Laws by Whitestone REIT in connection with certain allegedly false and misleading statements.

Investors who purchased shares of Whitestone REIT (NYSE: WSR) have certain options and for certain investors are short and strict deadlines running. Deadline: June 17, 2019. NYSE: WSR investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint the plaintiff alleges on behalf of purchasers of Whitestone REIT (NYSE: WSR) common shares between May 9, 2018 and February 7, 2019, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between May 9, 2018 and February 7, 2019, Whitestone REIT made materially false and/or misleading statements and/or failed to disclose that the Company lacked effective internal control over financial reporting, that Whitestone REIT was incorrectly recognizing assets and liabilities associated with its contribution to Pillarstone Capital REIT Operating Partnership LP, that the Company's financial statements for the fiscal year 2018 were overstating revenues, that the Company's financial statements for the fiscal year 2018 could no longer be relied upon, and that as a result of the foregoing, the Company's financial statements were materially false and misleading at all relevant times.

Those who purchased shares of Whitestone REIT (NYSE: WSR) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

For more information on this press release visit:
http://www.sbwire.com/press-releases/nysewsr-shareholder-notice-lawsuit-alleges-misleading-statements-by-whitestone-reit-1212230.htm

Media Relations Contact
Michael Daniels
1-858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com