Brixmor Property Group Inc (NYSE:BRX) Shareholder Alert: Investigation of Potential Securities Laws Violations

An investigation for investors in Brixmor Property Group Inc (NYSE:BRX) shares over potential securities laws violations by Brixmor Property Group Inc was announced and NYSE:BRX stockholders should contact the Shareholders Foundation.

Logo

San Diego, CA -- (SBWire) -- 03/01/2016 --An investigation for shareholders in Brixmor Property Group Inc (NYSE:BRX) over potential securities laws violations by Brixmor Property Group and certain of its directors was announced.

Investors who purchased shares of Brixmor Property Group Inc (NYSE:BRX), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm focuses on whether certain statements by Brixmor Property Group regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On February 8, 2016, Brixmor Property announced that its Chief Executive Officer Michael Carroll, President and Chief Financial Officer Michael Pappagallo, Chief Accounting Officer Steven Splain, and an accounting employee resigned, effective immediately. Brixmor Property Group Inc said that these management changes follow the completion of an Audit Committee review that began after the Company received information in late December 2015 through its established compliance processes. Shares of Brixmor Property Group Inc (NYSE:BRX) dropped from $26.42 per share on February 5, 2016 to as low as $19.91 per share on February 8, 2016.

On February 26, 2016, NYSE:BRX shares closed at $23.70 per share.

Those who purchased shares of Brixmor Property Group Inc (NYSE:BRX) 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

Media Relations Contact

Michael Daniels
General Manager
Shareholders Foundation
858-779-1554
http://www.ShareholdersFoundation.com

View this press release online at: http://rwire.com/668987