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Equity LifeStyle Properties, Inc.

Company Name Equity LifeStyle Properties, Inc.
Stock Symbol ELS
Status 1

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If you suffered a loss on your Equity LifeStyle Properties, Inc. investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filling out this form mean you have joined any lawsuit.

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Background

On January 22, 2024, ELS disclosed that errors it previously determined to be immaterial in the Company’s prior financial statements regarding classification of cash outflows associated with the purchase of manufactured homes were now determined to be material. The Company further disclosed that, as a result, its full year 2022 and first quarter 2023 financial reports should no longer be relied upon.

On this news, ELS’s stock price fell $1.96, or 2.8%, to close at $67.00 per share on January 23, 2024, thereby injuring investors. 

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