New York, September 28th / PRNewswire-PRWeb / —— Bronstein, Gewirtz & Grossman, LLC is a nationally renowned law firm specializing in investor rights protection. The firm announced that it has filed a class action lawsuit against Phoenix American Hospitality, LLC, American Hospitality Properties REIT, Inc, American Hospitality Properties REIT II, Inc, and William Lee Nelson.
This lawsuit is intended to represent all individuals and entities that purchased or otherwise acquired American Hospitality Properties REIT, Inc, and/or American Hospitality REIT II, Inc securities between March 1, 2022, and July 31, 2024 (including both start and end dates), in order to recover losses incurred due to the defendant's alleged violations of federal securities laws. The firm encourages interested investors to visit their website bgandg.com / cases / phoenix-american-hospitality-llc -class_action_lawsuit to join this case.
Phoenix Case Details
The indictment alleges that throughout the duration of the class action, the defendant made false and/or misleading statements, and/or failed to disclose the following facts:
- Phoenix's public statements regarding its business and operations are essentially false and/or misleading;
- Subsequently, the documents and disclosures submitted to the U.S. Securities and Exchange Commission ( SEC ) revealed the true nature of Phoenix's operations, as well as the falsehood of the defendant's previous statements.
Phoenix What should investors do next?
A class action has been filed. If you wish to view a copy of the complaint, you may visit the website bgandg.com / cases / phoenix-american-hospitality-llc -class_action_lawsuit; or contact the attorneys at Bronstein, Gewirtz & Grossman, LLC, or the Client Relations Manager Nathan Miller at Peretz Bronstein, at telephone number 917-590-0911. If you have suffered any losses, you may request to be designated as the lead plaintiff by the court before November 16, 2026. Even if you are not appointed as the lead plaintiff, you are still entitled to any potential compensation.
No fees for investors of Phoenix.
Bronstein, Gewirtz & Grossman LLC represent that they act as risk agents for the investors in the class action. This means that the firm will only request the court to reimburse its own expenses and attorney fees, which are usually a certain percentage of the total amount recovered, in the event of a successful outcome.
Why choose Bronstein, Gewirtz, Grossman, and LLC to handle the Phoenix securities class action?
It is indicated that this firm is a nationally renowned law firm that represents investors in securities fraud class actions and shareholder derivative lawsuits, and has recovered hundreds of millions of dollars for investors across the country. For more information, please refer to www.bgandg.com.
The founding partner, Peretz Bronstein, stated: "Our focus is on restoring investors' capital and ensuring corporate accountability, which helps to maintain the fundamental integrity of the market."
The firm also releases updates on LinkedIn, X, Facebook, and Instagram.
Contact Information
Peretz Bronstein, Esq. Or Nathan Miller.
Bronstein, Gewirtz & Grossman, LLC917-590-0911 | [ email protected ]Lawyer advertisement. Past results do not guarantee similar outcomes.
