Ritz-Carlton Developer Sued Over Deceptive Condo Sales

Law360, New York (February 24, 2012, 7:46 PM EST) -- The developers behind the upscale Ritz-Carlton Residences at L.A. Live were hit with a putative class action in California state court Wednesday by a disgruntled resident accusing them of misrepresenting the sizes of the units and forcing buyers into illegal one-sided purchase agreements.

Plaintiff David Hurtado's suit alleges that Olympic and Georgia Partners LLC and other developers involved in the Los Angeles residential complex forced buyers to sign purchase agreements that were “written in legalese that is impenetrable to the average consumer.” These agreements left buyers with no remedy or...
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