San Diego, CA -- (SBWire) -- 08/25/2023 --An investigation was announced on behalf of investors of MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) shares over potential securities laws violations by MainStay CBRE Global Infrastructure Megatrends Term Fund.
Investors who purchased shares of MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) concerning whether a series of statements by MainStay CBRE Global Infrastructure Megatrends Term Fund regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
The investment objective of MainStay CBRE Global Infrastructure Megatrends Term Fund is to seek a high level of total return with an emphasis on current income.
Shares of MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) declined from $20.44 per share in January 2022 to as low as $11.43 per share in October 2022.
On August 24, 2023, NYSE: MEGI shares closed at $12.94 per share.
Those who purchased shares of MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Christopher Clausen
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About The Shareholders Foundation
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.
MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE:MEGI) Investor Notice: Investigation over Potential Securities Laws Violations
An investigation for investors in MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE:MEGI) shares over potential securities laws violations by MainStay CBRE Global Infrastructure Megatrends Term Fund was announced.