Investors' $6B Suit Against DLA, Apple REIT Gets Tossed

By Sindhu Sundar · April 2, 2013, 7:22 PM EDT

Brokerage David Lerner Associates Inc. and Apple REIT Inc. on Sunday won a bid to toss a $6 billion class action accusing them of misleading investors and inflating shares....

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Case Information

Case Title

In re Apple REITs Litigation

Case Number

1:11-cv-02919

Court

New York Eastern

Nature of Suit

Securities/Commodities

Date Filed

June 17, 2011