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Taubman Centers, Inc. (NYSE:TCO) Investor Investigation Over Possible Securities Laws Violations Announced

  • If you purchased shares of Taubman Centers, Inc. (NYSE:TCO), you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
Taubman Centers, Inc.
Security
NYSE: TCO

Summary

November 1, 2016 (Shareholders Foundation) - An investigation on behalf of investors of Taubman Centers, Inc. (NYSE:TCO) shares over potential securities laws violations by Taubman Centers and certain of its directors and officers in connection certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Taubman Centers, Inc. (NYSE:TCO) concerning whether a series of statements by Taubman Centers, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Taubman Centers, Inc. reported that its annual Total Revenue declined from $679.13 million in 2014 to $557.17 million in 2015 and that its Net Income declined from $893.01 million in 2014 to $134.13 million in 2015.

Shares of Taubman Centers, Inc. (NYSE:TCO) declined from over $81 per share in August 2016 to as low as $69.72 per share on October 6, 2016.

On November 1, 2016, NYSE:TCO shares closed at $71.22 per share.

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