10th Circ. Shuts Down REIT Suit Against Tishman
The investors claim that offering documents associated with Lehman Brothers and Tishman Speyer's purchase of Archstone Smith Trust did not disclose risks associated with the merger.
Their stock in Archstone, known as A-1 units, had been particularly valuable prior to the merger because Archstone had vowed to indemnify A-1 holders...
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