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Investment Cos. Beat Shareholder Suit Over RE Securities

By Abraham Moussako ( March 17, 2017, 8:07 PM EDT) -- A group of investors can't revive a lawsuit accusing two companies of hiding costs from a real estate investment marketed as a way to avoid capital gains taxes, a California state appeals court ruled Thursday, ruling the claims were brought too late and the assets at issue were not directly owned by shareholders named in the lawsuit....

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