Levi & Korsinsky notifies investors that it has commenced an investigation into W. P. Carey Inc. (NYSE: WPC) concerning potential violations of the federal securities laws.
W.P. Carey was downgraded by BMO Capital on September 26, 2023, with analysts "perplexed" by the Company's plan to spin off most of its office portfolio into a new REIT. Following this news, shares of W.P. Carey dropped over 3% the same day. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
If you suffered a loss on your W. P. Carey securities and would like to explore a potential recovery under the federal securities laws, submit to us or contact Joseph E. Levi, Esq. via email at [email protected] or call 212-363-7500 to speak to our team of experienced shareholder advocates.
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