Thieler Law Corp advises investors with losses exceeding $100,000 of the June 17, 2019 lead plaintiff deadline in a class action lawsuit filed against Whitestone REIT (NYSE: WSR) (“Whitestone” or “the Company”). The suit is pending in the U.S. District Court for the Southern District of Texas and investors, who purchased Whitestone REIT securities between May 9, 2018 and February 7, 2019, have until June 17, 2019 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Whitestone REIT securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that the Company lacked effective internal control over financial reporting; Whitestone was incorrectly recognizing assets and liabilities associated with its contribution to Pillarstone Capital REIT Operating Partnership LP; the Company's financial statements for the fiscal year 2018 were overstating revenues; the Company's financial statements for the fiscal year 2018 could no longer be relied upon; and as a result of the foregoing, the Company's financial statements were materially false and misleading at all relevant times.

On February 27, 2019, the Company revealed that its 2018 financial results for the periods ending March 31, June 30, and September 30 could no longer be relied upon and would be restated, based on a review by auditing committee of Whitestone’s board of trustees.

Following this news, NYSE: WSR fell $1.24 per share, or over 8%, to close at $13.01 on February 28, 2019.

If you were negatively impacted by your investment in Whitestone REIT securities between May 9, 2018 and February 7, 2019 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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