DeBlasio v. Smithers et al

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Case overview

Case Number:

1:23-cv-01513

Court:

Maryland

Nature of Suit:

Stockholders Suits

Multi Party Litigation:

Derivative Litigation

Judge:

George Levi Russell, III

Firms

  1. 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.

  2. 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.

  3. 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.