Edelson Lechtzin LLP is Investigating Securities Fraud Claims on Behalf of Appreciate Holdings, Inc. (NASDAQ: SFR) Shareholders Who Held PropTech Investment Corporation II Shares Prior to the Merger
NEWTOWN, PA, March 20, 2023 — The law firm of Edelson Lechtzin LLP is investigating securities fraud and breach of fiduciary duty claims on behalf of shareholders of PropTech Investment Corporation II (“PropTech”) securities (Nasdaq: PTICU, PTIC, PTICW), a special purpose acquisition company (“SPAC”), who acquired PropTech shares before the closing of its business combination with Appreciate Holdings, Inc. (“Appreciate Holdings”), on or before November 29, 2022.
Appreciate Holdings is a single-family rental services company, operates an end-to-end technology platform serving individual and institutional investors in the United States. Appreciate Holdings maintains its principal executive offices in Minnetonka, MN.
PropTech investors may have claims based on alleged false and misleading statements and/or material omissions contained in the documents used to solicit shareholder approval for the business combination between PropTech and Appreciate Holdings. Please contact Edelson Lechtzin LLP at 844-696-7492 to discuss your investment losses, or by e-mail at [email protected] or [email protected].
For more information, please contact:
Marc H. Edelson, Esq.
Eric Lechtzin, Esq.
EDELSON LECHTZIN LLP
411 S. State Street, Suite N-300
Newtown, PA 18940
Email: [email protected] or [email protected]
Edelson Lechtzin LLP is a national class action law firm with offices in Pennsylvania and California. In addition to cases involving securities and investment fraud, our lawyers focus on class and collective litigation in cases alleging violations of the federal antitrust laws, employee benefit plans under ERISA, wage theft and unpaid overtime, consumer fraud, and dangerous and defective drugs and medical devices.
This press release may be considered Attorney Advertising in some jurisdictions. No class has been certified in this case, so you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. Your ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.