Hynes Keller & Hernandez, LLC is investigating potential claims against the Board of Directors of CBL & Associates Properties, Inc. (NYSE: CBL) concerning possible breaches of fiduciary duty arising from media reports that government officials are investigating CBL on whether the company falsified information on financial statements to banks when applying for financing arrangements. While CBL initially denied it was under government investigation, it has since confirmed the government probe and launched an internal investigation.
Shareholders interested in seeking to recover damages on behalf of CBL and to implement corporate governance measures designed to prevent future misconduct should contact the firm.
If you hold CBL shares and you would like to discuss your legal rights, please email the firm at firstname.lastname@example.org. You can also contact us by calling Michael J. Hynes at (610) 994-0292 or by sending an e-mail to email@example.com.