NEW YORK--(BUSINESS WIRE)--Scott + Scott, LLP, a global investor rights law firm, has opened an investigation to determine whether Brixmor Property Group (BRX) violated the federal securities laws by issuing materially misleading information to the investing public.
On February 8, 2016, the Company announced 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 altered 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.
To learn about the investigation, go to: http://www.cases-scott-scott.com/brixmor/. There is no cost or obligation to you.
You can also call the firm toll-free at 1-866-326-5057 or email firstname.lastname@example.org for information about the investigation.
Scott + Scott, LLP has significant experience in prosecuting major securities, antitrust, and employee retirement plan actions throughout the United States. This release may be considered attorney advertising in some jurisdictions under the applicable laws and ethical rules.
Joseph V. Halloran
Scott+Scott, Attorneys at Law, LLP