St. Clair-Hibbard v. American Finance Trust, Inc. et al

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Case overview

Case Number:

1:18-cv-01148

Court:

New York Southern

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Lorna G. Schofield

Firms

Companies

Sectors & Industries:

  1. 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.

  2. 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.

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