Proposed Class Action Settlement Filed for Sun Communities Stock Purchasers
A federal court in Michigan has scheduled a hearing on a proposed $2.3 million settlement covering purchases of Sun Communities common stock between February 2019 and September 2024. The Rosen Law Firm issued the notice on May 23, 2026.
prnewswire.comThe United States District Court for the Eastern District of Michigan approved publication of a notice regarding a proposed class action settlement involving purchasers of Sun Communities, Inc. publicly traded common stock. m. at the federal courthouse in Detroit.
The proposed settlement amount is $2,300,000.
The proposed class includes all persons who purchased Sun Communities common stock between February 28, 2019 and September 24, 2024. The settlement would resolve claims in the case filed under docket number 2:24-cv-13314-LVP-EAS. The notice lists Sun Communities, Inc. and four individuals as defendants in the action. The Rosen Law Firm, P.A. issued the announcement on behalf of the plaintiff.
Key Facts
Story Timeline
2 events- May 23, 2026
Rosen Law Firm announces court-approved notice of proposed settlement.
1 sourceBenzinga - July 29, 2026
Settlement hearing scheduled before the Eastern District of Michigan court.
1 sourceBenzinga
Potential Impact
- 01
Shareholders who purchased during the class period may receive a portion of the settlement fund if approved.
- 02
The company faces continued litigation costs until the settlement receives final court approval.
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