Bridge Investment Group Holdings Inc. (BRDG) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

NEW YORK--(BUSINESS WIRE)--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bridge Investment Group Holdings Inc. (“Bridge” or “the Company”) (NYSE: BRDG). Investors who purchased Bridge securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/BRDG.

Investigation Details:

On February 21, 2024, Bridge issued a press release reporting its financial results for the fourth quarter and full year 2023. Among other items, Bridge reported a net loss of $87.4 million for the year, citing “volatility within commercial real estate markets” and stating that “[f]und management fees for the quarter . . . were negatively impacted by $5.7 million related to Bridge Office Fund I fees that were deemed uncollectible due to market headwinds within the broader office sector.” Following this news, Bridge’s stock price fell $1.38 per share, or 15.83%, to close at $7.34 per share on February 22, 2024.

What’s Next?

If you are aware of any facts relating to this investigation or purchased Bridge securities, you can assist this investigation by visiting the firm’s site: bgandg.com/BRDG. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.

There is No Cost to You

We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman:

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

Attorney advertising. Prior results do not guarantee similar outcomes.