BRIXMOR SHAREHOLDER (BRX) ALERT: Shareholder Rights Law Firm Johnson & Weaver, LLP Announces Investigation of Brixmor Property Group Inc.; Encourages Investors to Contact the Firm for Additional Information

SAN DIEGO--()--Shareholder Rights Law Firm Johnson & Weaver, LLP today announced that it is continuing to investigate whether certain officers or directors of Brixmor Property Group Inc. (NYSE:BRX) violated state or federal laws following the February 8, 2016 announcement that three of its top officers, including its chief executive, had resigned after an internal accounting review showed discrepancies in the Company's financial statements.

It was disclosed that Brixmor’s quarterly statements had been tampered with in order to show consistent growth in same-property net operating income. "The board is disappointed to have learned of the conduct and lack of appropriate management supervision uncovered as a result of the Audit Committee review," Chairman John Schreiber said in a statement.

On this news, the stock was down over 25% in early morning trading February 8, 2016.

If you are a Brixmor shareholder interested in learning more about the investigation, your legal rights and remedies or if you have information that may assist in our investigation, please contact lead analyst Jim Baker (jimb@johnsonandweaver.com) at 619-814-4471. If emailing, please include a phone number where you can be reached.

About Johnson & Weaver, LLP:

Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.

Contacts

Johnson & Weaver, LLP
Jim Baker, 619-814-4471
jimb@johnsonandweaver.com

Release Summary

BRIXMOR SHAREHOLDER (BRX) ALERT: Shareholder Rights Law Firm Johnson & Weaver, LLP Announces Investigation of Brixmor Property Group Inc.; Encourages Investors to Contact the Firm

Contacts

Johnson & Weaver, LLP
Jim Baker, 619-814-4471
jimb@johnsonandweaver.com