|Company name||Whitestone REIT|
|Class period||May 9, 2018 – February 27, 2019|
|Court||Southern District of Texas|
NEW YORK, June 14, 2019 – Bragar Eagel & Squire, P.C. announces that a class action lawsuit has been filed in the U.S. District Court for the Southern District of Texas on behalf of all persons or entities who purchased or otherwise acquired Whitestone REIT (NYSE: WSR) securities between May 9, 2018 and February 27, 2019 (the “Class Period”). Investors have until June 17, 2019 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
The complaint alleges that throughout the Class Period defendants made materially false and/or misleading statements and/or failed to disclose: (1) the company lacked effective internal control over financial reporting; (2) Whitestone was incorrectly recognizing assets and liabilities associated with its contribution to Pillarstone Capital REIT Operating Partnership LP; (3) the company’s financial statements for the fiscal year 2018 were overstating revenues; (4) the company’s financial statements for the fiscal year 2018 could no longer be relied upon; and (5) as a result of the foregoing, the company’s financial statements were materially false and misleading at all relevant times.
If you purchased Whitestone securities during the Class Period or continue to hold shares purchased before the Class Period, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at firstname.lastname@example.org, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.