Jury Hears RE Firm Cost Police & Fire Pension Plan $1.2B

By Katie Buehler (June 8, 2022, 7:00 PM EDT) -- Real estate investment firm The Townsend Group cost the Dallas Police & Fire Pension System up to $1.2 billion in damages by failing to adequately warn it of the risks of investing in undeveloped land, the pension plan told a Texas state court jury Wednesday....

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