REITs Must Face Shareholders' Suit Over Delayed Liquidation

By Isaac Monterose · August 7, 2026, 5:39 PM EDT

A New Jersey federal judge refused to let a group of real estate investment trusts and other parties escape a proposed class action accusing them of tricking shareholders into approving amended...

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Case Information

Case Title

AYER et al v. LIGHTSTONE VALUE PLUS REIT I, INC. et al

Case Number

3:24-cv-10371

Court

New Jersey

Nature of Suit

Stockholders Suits

Date Filed

November 07, 2024