NJ Judge Tosses REIT Shareholders' Liquidation Suit

By Isaac Monterose · September 2, 2025, 1:34 PM EDT

A New Jersey federal judge has rejected a proposed class action filed by shareholders accusing several real estate investment trusts and other parties of misleading them in order to avoid liquidating...

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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