Realty Income Corp
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Real Estate : Equity Real Estate Investment Trusts (REITs) | Mid Cap Blend
Company profile

Realty Income Corporation is a real estate investment trust (REIT). The Company is focused on acquiring and managing freestanding commercial properties under a long-term net lease agreement. The Company owns and operates diversified portfolio of over 11,000 commercial properties. The Company's properties are leased to clients, operating across 60 industries, and located in 50 United States (U.S) states, Puerto Rico, the United Kingdom and Spain. The majority of its properties are leased to retail clients that have a service, non-discretionary, and/or low price point component to their business. The Company’s property types include Retail, Industrial, and Agriculture.

Closing Price
$69.49
Day's Change
1.73 (2.55%)
Bid
--
Ask
--
B/A Size
--
Day's High
69.50
Day's Low
66.93
Volume
(Average)
Volume:
3,531,780

10-day average volume:
3,880,845
3,531,780

CLAIMSFILER ALERTS STONECO INVESTORS to Lead Plaintiff Deadline in Class Action Lawsuit Against StoneCo Ltd. - STNE

6:07 pm ET December 1, 2021 (PR Newswire) Print

ClaimsFiler, a FREE shareholder information service, reminds investors with losses in excess of $100,000 that they have until January 18, 2022 to file lead plaintiff applications in a securities class action lawsuit against StoneCo Ltd. (NasdaqGS: STNE), if they purchased the Company's securities between March 11, 2021 and November 16, 2021, inclusive (the "Class Period"). This action is pending in the United States District Court for the Southern District of New York.

Get Help

StoneCo investors should visit us at https://claimsfiler.com/cases/nasdaq-stne/ or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.

About the Lawsuit

StoneCo and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

On August 30, 2021, post-market closed, the Company disclosed that it had "implemented some prudent actions, like temporarily stopping the disbursement of credit and increasing coverage for potential future losses, which impacted [StoneCo's] reported results for the quarter." Then, on November 16, 2021, the Company disclosed that it would "start retesting our original [credit] product, which is short-term loans, between the fourth quarter of '21 and the first quarter of '22," but did not provide specific guidance regarding when credit volumes would return to levels before StoneCo had halted origination of credit.

On this news, shares of StoneCo's fell $10.96, or 34%, to close at $20.70 per share on November 17, 2021.

The case is Ray v. StoneCo Ltd., et al., 21-cv-9620.

About ClaimsFiler

ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.

To learn more about ClaimsFiler, visit www.claimsfiler.com.

https://c212.net/c/img/favicon.png?sn=DA93670&sd=2021-12-01

View original content:https://www.prnewswire.com/news-releases/claimsfiler-alerts-stoneco-investors-to-lead-plaintiff-deadline-in-class-action-lawsuit-against-stoneco-ltd---stne-301435718.html

SOURCE ClaimsFiler

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