SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Washington Prime Group, Inc. - WPG
Washington Prime Group Inc. (WPG)
Last washington prime group inc. earnings: 2/26 05:54 pm
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US:NYSE Investor Relations:
investor.washingtonprime.com
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Source: GlobeNewswire
NEW YORK, June 14, 2021 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Washington Prime Group, Inc. (“WPG” or the “Company”) (NYSE: WPG). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980. The investigation concerns whether WPG and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On February 16, 2021, WPG disclosed that its operating partnership, WPG L.P., had “elected to withhold an interest payment of $23.2 million due on February 15, 2021 with respect to WPG L.P.’s outstanding Senior Notes due 2024,” and that “WPG L.P. has a 30-day grace period to make the interest payment before such non-payment constitutes an ‘event of default.’” The Company further advised that, in an event of default, certain counterparties to the senior notes “could accelerate
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