May 27, 2015
An Illinois federal judge on Tuesday approved an $8.25 million settlement between a class of former real estate trust shareholders and Five Mile Capital Partners LLC, ending a suit that alleged Five Mile breached its fiduciary duties when it merged with a real estate investment trust.
April 22, 2014
An Illinois federal judge certified a class of former real estate trust shareholders accusing investor Five Mile Capital Partners LLC of breaching its fiduciary duties when it merged with a real estate investment trust, ruling Tuesday that the class met the numerosity requirement.