Business Wire

W.P. Carey Inc. (WPC) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

NEW YORK–(BUSINESS WIRE)–

Investigation Details

On July 30, 2024, W.P. Carey issued a press release announcing its financial results for the second quarter of 2024. Among other items, the Company lowered its guidance for Adjusted Funds from Operations (“AFFO”) by $0.02, citing “two larger-sized transactions that recently fell out of our pipeline.” On this news, W.P. Carey’s stock price fell $2.99 per share, or 4.92%, to close at $57.81 per share on July 31, 2024.

What’s Next?

If you are aware of any facts relating to this investigation or purchased W.P. Carey securities, you can assist this investigation by visiting the firm’s site: bgandg.com/WPC. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.

There is No Cost to You

We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Bronstein, Gewirtz & Grossman, LLC

Peretz Bronstein or Nathan Miller

332-239-2660 | [email protected]

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