The Schall Law Firm Investigates W. P. Carey Inc. for Potential Violations of Securities Laws

The Schall Law Firm, a prominent national shareholder rights litigation firm, has recently announced that it is conducting an investigation on behalf of investors of W. P. Carey Inc. (NYSE:WPC) regarding potential violations of securities laws. The investigation is focused on determining whether the company issued false and/or misleading statements or failed to disclose pertinent information to its investors.

The inquiry stems from W. P. Carey’s downgrade by BMO Capital on September 26, 2023, which left analysts “perplexed” by the company’s plan to spin off a significant portion of its office portfolio into a new Real Estate Investment Trust (REIT). Following this news, W. P. Carey’s shares experienced a decline of approximately 3.7% on the same day.

The Schall Law Firm is inviting shareholders who suffered losses to participate in the investigation. Additionally, the firm encourages affected individuals to contact Brian Schall, an attorney at The Schall Law Firm, to discuss their rights free of charge. The firm’s expertise lies in securities class action lawsuits and shareholder rights litigation, representing investors worldwide.

It is important to note that the class in this case has not yet been certified, and until certification occurs, shareholders are not represented by an attorney. However, shareholders who choose to take no action can remain as absent class members.

W. P. Carey Inc. is a reputable company that operates in the real estate investment trust sector. The investigation by The Schall Law Firm aims to ensure transparency and accountability within the securities market. By thoroughly examining the allegations, the firm seeks to protect the interests of investors and maintain the integrity of the financial industry.

Investors are encouraged to stay informed about the progress of the investigation through The Schall Law Firm’s website at www.schallfirm.com or by reaching out to the firm via email at info@schallfirm.com. The Schall Law Firm is committed to upholding the highest standards of legal practice and adhering to the applicable laws and rules of ethics in various jurisdictions.

Please note that this press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

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