Latest news with #GaryShiffman
Yahoo
15-03-2025
- Business
- Yahoo
Sun Communities (NYSE:SUI) Declares US$0.94 Per Share Dividend for Q1 2025
Sun Communities recently announced a quarterly dividend of $0.94 per share, adding to the positive sentiment that may have contributed to its share price increase of 5% over the last quarter. However, this rise comes despite the company reporting a widened net loss of $224 million in Q4 2024 due to substantial goodwill impairments. Additionally, Sun Communities provided guidance for a diluted EPS range slightly negative for Q1 2025, which exceeded analysts' expectations. The broader market context includes significant fluctuations, with major indices facing weekly losses and heightened volatility amidst political and economic concerns. Investor focus on stable income streams in tumultuous markets could have supported Sun Communities' stock performance, as real estate investments often attract attention when broader markets falter. Despite overall market declines, the company's maintained dividend and resilient guidance might have offered some stabilization to its stock performance during a volatile economic period. Assess the downside scenarios for Sun Communities with our risk evaluation. Uncover the next big thing with financially sound penny stocks that balance risk and reward. Sun Communities (NYSE:SUI) achieved a total shareholder return of 29.19% over the past five years, reflecting a period of considerable growth. Despite recent market challenges, factors such as consistent dividend payouts have bolstered investor confidence. Key developments contributing to this performance include a Q3 2024 restructuring initiative projected to save US$15 million to US$20 million annually, which aimed to improve the company's operational efficiency. Additionally, the announcement of CEO Gary Shiffman's upcoming retirement after over 40 years could signal a strategic shift within the company. Despite facing a class action lawsuit in December 2024 related to accounting practices, Sun Communities has managed to uphold its commitment to shareholders through consistent quarterly dividend affirmations, most recently seen in the US$0.94 per share distributions. However, while it outpaced inflation, the company's one-year return has underperformed both the US Market and the US Residential REITs industry, which suggests an area for potential improvement going forward. Shareholder in Sun Communities? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:SUI. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Associated Press
09-02-2025
- Business
- Associated Press
SUI DEADLINE TOMORROW: ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Sun Communities, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important February 10 Deadline in Securities Class Action
New York, New York--(Newsfile Corp. - February 9, 2025) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Sun Communities, Inc. (NYSE: SUI) between February 28, 2019 and September 24, 2024, both dates inclusive (the 'Class Period'), of the important February 10, 2025 lead plaintiff deadline. SO WHAT: If you purchased Sun Communities securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Sun Communities class action, go to or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 10, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, during the Class Period, defendants created the false impression that they were presenting a complete and accurate picture of SUI's financial reports and accounting pertaining to Sun Communities' projected revenue outlook and anticipated growth. At no point did defendants state or even allude to the DH Bingham Farms LLC mortgage, signed by Chief Executive Officer ('CEO') Gary Shiffman, or the multiple undisclosed loans CEO Gary Shiffman received, including one from Company Board Member Arthur Weiss. Defendants misled investors by providing the public with materially flawed statements of confidence and growth projections throughout the Class Period, which did not account for these variables. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Sun Communities class action, go to call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Attorney Advertising. Prior results do not guarantee a similar outcome. ------------------------------- Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653
Associated Press
09-02-2025
- Business
- Associated Press
SUI Deadline: Rosen Law Firm Urges Sun Communities, Inc. (NYSE: SUI) Stockholders with Large Losses in Excess of $100K to Contact the Firm for Information About Their Rights
Rosen Law Firm, a global investor rights law firm, reminds investors that a shareholder filed a class action on behalf of all purchasers of securities of Sun Communities, Inc. (NYSE: SUI) between February 28, 2019 and September 24, 2024. SUI describes itself as a 'real estate investment company that focuses its investments on manufactured housing communities, recreational vehicle communities, and marinas.' For more information, submit a form, email attorney Phillip Kim, or give us a call at 866-767-3653. The Allegations: Rosen Law Firm is Investigating the Allegations that Sun Communities, Inc. (NYSE: SUI) Misled Investors Regarding its Business Operations. According to the lawsuit, during the Class Period, defendants created the false impression that they were presenting a complete and accurate picture of SUI's financial reports and accounting pertaining to SUI's projected revenue outlook and anticipated growth. At no point did defendants state or even allude to the DH Bingham Farms LLC mortgage, signed by Chief Executive Officer ('CEO') Gary Shiffman, or the multiple undisclosed loans CEO Gary Shiffman received, including one from SUI Board Member Arthur Weiss. Defendants misled investors by providing the public with materially flawed statements of confidence and growth projections throughout the Class Period, which did not account for these variables. When the true details entered the market, the lawsuit claims that investors suffered damages. What Now: You may be eligible to participate in the class action against Sun Communities, Inc. Shareholders who want to serve as lead plaintiff for the class must file their motions with the court by February 10, 2025. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here. All representation is on a contingency fee basis. Shareholders pay no fees or expenses. About Rosen Law Firm: Some law firms issuing releases about this matter do not actually litigate securities class actions. Rosen Law Firm does. Rosen Law Firm is a recognized leader in shareholder rights litigation, dedicated to helping shareholders recover losses, improving corporate governance structures, and holding company executives accountable for their wrongdoing. Since its inception, Rosen Law Firm has obtained over $1 billion for shareholders. Attorney Advertising. Prior results do not guarantee a similar outcome. CONTACT: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 [email protected] SOURCE: Rosen Law Firm Copyright Business Wire 2025. PUB: 02/08/2025 04:02 PM/DISC: 02/08/2025 04:02 PM
Associated Press
07-02-2025
- Business
- Associated Press
SUI DEADLINE MONDAY: ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Sun Communities, Inc. Investors to Secure Counsel Before Important February 10 Deadline in Securities Class Action
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Sun Communities, Inc. (NYSE: SUI) between February 28, 2019 and September 24, 2024, both dates inclusive (the 'Class Period'), of the important February 10, 2025 lead plaintiff deadline. SO WHAT: If you purchased Sun Communities securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Sun Communities class action, go to or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 10, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, during the Class Period, defendants created the false impression that they were presenting a complete and accurate picture of SUI's financial reports and accounting pertaining to Sun Communities' projected revenue outlook and anticipated growth. At no point did defendants state or even allude to the DH Bingham Farms LLC mortgage, signed by Chief Executive Officer ('CEO') Gary Shiffman, or the multiple undisclosed loans CEO Gary Shiffman received, including one from Company Board Member Arthur Weiss. Defendants misled investors by providing the public with materially flawed statements of confidence and growth projections throughout the Class Period, which did not account for these variables. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Sun Communities class action, go to call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060
Associated Press
05-02-2025
- Business
- Associated Press
SUI DEADLINE ALERT: ROSEN, NATIONAL TRIAL LAWYERS, Encourages Sun Communities, Inc. Investors to Secure Counsel Before Important February 10 Deadline in Securities Class Action
New York, New York--(Newsfile Corp. - February 5, 2025) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Sun Communities, Inc. (NYSE: SUI) between February 28, 2019 and September 24, 2024, both dates inclusive (the 'Class Period'), of the important February 10, 2025 lead plaintiff deadline. SO WHAT: If you purchased Sun Communities securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Sun Communities class action, go to or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 10, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, during the Class Period, defendants created the false impression that they were presenting a complete and accurate picture of SUI's financial reports and accounting pertaining to Sun Communities' projected revenue outlook and anticipated growth. At no point did defendants state or even allude to the DH Bingham Farms LLC mortgage, signed by Chief Executive Officer ('CEO') Gary Shiffman, or the multiple undisclosed loans CEO Gary Shiffman received, including one from Company Board Member Arthur Weiss. Defendants misled investors by providing the public with materially flawed statements of confidence and growth projections throughout the Class Period, which did not account for these variables. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Sun Communities class action, go to call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. ------------------------------- Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060
