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REIT Had Reasons Not To Pursue Investor Claims, Judge Told

By Ryan Boysen ( September 18, 2017, 3:06 PM EDT) -- Resource Capital Corp. asked a New York federal court Friday to toss a handful of derivative suits alleging the real estate investment trust misled investors over a failed $40 million Puerto Rican loan portfolio, saying the investors haven't cleared the legal hurdle necessary to bring derivative litigation in the first place. . . .

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