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8-K: Current report

8-K: Current report

8-K：重大事件
美股SEC公告 ·  09/05 16:14

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On September 5, 2024, Wheeler Real Estate Investment Trust Inc. and its subsidiary Cedar Realty Trust, Inc. announced the affirmation by the United States Court of Appeals for the Fourth Circuit of a 2023 dismissal of a class action lawsuit. The lawsuit, filed by purported holders of Cedar's preferred stock, was originally dismissed by the United States District Court for the District of Maryland. The appellate court supported the lower court's decision, stating that the plaintiffs did not adequately allege any legal rights violations. The lawsuit had accused Cedar and its former directors of breach of contract and fiduciary duty, and Wheeler of tort claims, following Wheeler's acquisition of Cedar's common stock in August 2022. With the dismissal upheld, CEOs of both companies, M. Andrew Franklin, expressed satisfaction and emphasized that both Wheeler and Cedar can now focus on their strategic plans. Cedar, now a wholly-owned subsidiary of Wheeler, operates as a REIT focusing on grocery-anchored shopping centers in the Northeast, while Wheeler focuses on income-producing retail properties.
On September 5, 2024, Wheeler Real Estate Investment Trust Inc. and its subsidiary Cedar Realty Trust, Inc. announced the affirmation by the United States Court of Appeals for the Fourth Circuit of a 2023 dismissal of a class action lawsuit. The lawsuit, filed by purported holders of Cedar's preferred stock, was originally dismissed by the United States District Court for the District of Maryland. The appellate court supported the lower court's decision, stating that the plaintiffs did not adequately allege any legal rights violations. The lawsuit had accused Cedar and its former directors of breach of contract and fiduciary duty, and Wheeler of tort claims, following Wheeler's acquisition of Cedar's common stock in August 2022. With the dismissal upheld, CEOs of both companies, M. Andrew Franklin, expressed satisfaction and emphasized that both Wheeler and Cedar can now focus on their strategic plans. Cedar, now a wholly-owned subsidiary of Wheeler, operates as a REIT focusing on grocery-anchored shopping centers in the Northeast, while Wheeler focuses on income-producing retail properties.
2024年9月5日，Wheeler房地产投资信托公司及其子公司Cedar Realty Trust，Inc.宣布美国第四巡回上诉法院确认了2023年的一起集体诉讼的判决裁定。这起诉讼最初是声称持有Cedar优先股的投资者提起的，最初由马里兰地方法院驳回。上诉法院支持了下级法院的裁决，称原告没有充分陈述任何法律权利的侵犯。诉讼指控Cedar及其前董事违约和受托责任，Wheeler则涉及侵权主张，此前Wheeler在2022年8月收购Cedar的普通股。随着诉讼被驳回，两家公司的CEO万.安德鲁·富兰克林表达了满意，并强调Wheeler和Cedar现在可以专注于他们的战略计划。Cedar现在作为Wheeler的全资子公司，致力于东北部以杂物为主的购物中心房地产信托，而Wheeler则专注于收入丰厚的零售物业。
2024年9月5日，Wheeler房地产投资信托公司及其子公司Cedar Realty Trust，Inc.宣布美国第四巡回上诉法院确认了2023年的一起集体诉讼的判决裁定。这起诉讼最初是声称持有Cedar优先股的投资者提起的，最初由马里兰地方法院驳回。上诉法院支持了下级法院的裁决，称原告没有充分陈述任何法律权利的侵犯。诉讼指控Cedar及其前董事违约和受托责任，Wheeler则涉及侵权主张，此前Wheeler在2022年8月收购Cedar的普通股。随着诉讼被驳回，两家公司的CEO万.安德鲁·富兰克林表达了满意，并强调Wheeler和Cedar现在可以专注于他们的战略计划。Cedar现在作为Wheeler的全资子公司，致力于东北部以杂物为主的购物中心房地产信托，而Wheeler则专注于收入丰厚的零售物业。
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