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SED Holdings, LLC v. 3 Star Properties, LLC et al.
Case Number:
4:17-cv-01655
Court:
Nature of Suit:
Judge:
Firms
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February 02, 2021
5th Circ. Reviews $15M Award In Real Estate Investment Spat
A group of real estate investment entities urged the Fifth Circuit on Tuesday to toss a nearly $15 million jury verdict awarded to an investment company swindled while trying to buy more than 1,000 non-performing residential home loans, arguing that the company was compensated twice for its fraud claims.
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March 27, 2019
Texas Jury Awards $15M Over Sham Real Estate Investment
A Texas federal jury on Tuesday found that several real estate investment entities conspired to defraud an investment company that was attempting to buy more than 1,000 non-performing residential home loans, and awarded the ripped-off investor nearly $15 million in damages.