DeBlasio v. Smithers et al
Case Number:
1:23-cv-01513
Court:
Nature of Suit:
Multi Party Litigation:
Derivative Litigation
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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June 06, 2023
Shareholders Say Pot REIT Didn't Fully Vet Troubled Tenants
A real estate investment trust that works with cannabis operators is facing a suit from shareholders alleging management failed to investigate two of the REIT's tenants, leading to millions in losses when scandals involving those tenants came to light.