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St. Clair-Hibbard v. American Finance Trust, Inc. et al
Case Number:
1:18-cv-01148
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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August 02, 2018
REIT Investor Says $1.4B Merger Suit Has Legs
An investor suing American Finance Trust and its adviser over a $1.4 billion tie-up with another real estate investment trust urged a New York federal judge to keep the lawsuit intact, reiterating allegations that AFT and affiliated entities withheld and obscured financial information, to the detriment of shareholders.
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April 27, 2018
REIT Looks To Chuck Investor Suit Over $1.4B Merger
American Finance Trust and its adviser asked a New York federal judge on Thursday to throw out an investor's suit alleging they misled shareholders ahead of a $1.4 billion merger with another real estate investment trust, saying public filings revealed the very information the investor had claimed was missing.