CBL & Associates Properties, Inc.("CBL" or the Company) is an American real estate investment trust that invests in shopping centers, primarily in the Southeastern and Midwestern United States.

According to the law firm press release, the Complaint alleges that CBL made materially false and/or misleading statements and/or failed to disclose material facts about the Company, including that (1) certain of its employees may have provided material non-public information to Senator Robert Corker; and (2) the Company failed to disclose to its shareholders that certain of its financing arrangements may have been obtained through fraud and/or misrepresentation.

According to news reports published on May 24, 2016, CBL is being investigated by both the FBI and SEC for inflating rental income and occupancy rates for its properties when providing those figures to banks in financing applications. On this news, CBL's stock declined nearly 9% on May 25, 2016.

On September 26, 2016, the Court issued an Order consolidating cases and appointing Lead Plaintiff and Counsel. On December 16, the Court granted Lead Plaintiff's unopposed Motion for withdrawal of Lead Plaintiff and Lead Counsel.

This case was voluntarily dismissed on December 21, 2016.