Weintraub v. Alan et al
Case Number:
1:23-cv-00737
Court:
Nature of Suit:
Judge:
Firms
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July 19, 2023
2 Firms To Lead Consolidated Suit Over Pot REIT Tenants
A Maryland federal judge has consolidated two derivative shareholder suits against a cannabis-focused real estate investment trust and also appointed two law firms, Hynes & Hernandez LLC and Glancy Prongay & Murray LLP, as lead counsel for the consolidated suit.
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July 10, 2023
Shareholders Want Pot REIT Tenant Suits Consolidated
Shareholders suing the officers of a cannabis real estate investment trust are asking a Maryland federal court to consolidate their suits, saying both cases tread the same factual and legal ground, and so should be litigated together.
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March 20, 2023
Cannabis REIT Hit With Shareholder Derivative Action
Several executives and officers of a real estate investment trust in the cannabis sector have been hit with an investor derivative suit in Maryland federal court alleging that they breached their fiduciary duties by failing to conduct proper due diligence on a major tenant that turned out to be an alleged Ponzi scheme.