Partnership Interests Qualify As Securities: DC Circ.

By Christie Smythe (August 24, 2009, 4:05 PM EDT) -- A federal appeals court has found that limited partnership interests sold to real estate investment company Republic Properties Corp. from an affiliate qualify as securities for the purposes of fraud claims, reviving a suit alleging misrepresentations related to the entities' dealings with a Florida official who pled guilty to accepting bribes....

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