Shares of Sun Communities are down following the release of a Blue Orca Capital report on September 25, 2024. The report alleges that Sun Communities, Inc.'s CEO had an "undisclosed $4 million loan from the family of a purported independent Director who has sat on the Audit Committee and chaired the Compensation Committee for over a decade," and "this is not the only undisclosed personal loan we [Blue Orca] uncovered from a SUI Board member to the CEO." We are investigating the company.
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