Andrews Securities Litigation and Regulation Reporter
November 20, 2002
REITs:
Copyright (c) 2002 Andrews Publications
3D CIR. AFFIRMS DISMISSAL OF $440M ROCKEFELLER CENTER SUIT
In re Rockefeller Ctr. Properties Sec. Litig.
Calling their allegations “vague” and “insufficient,” the U.S. Court of Appeals for the 3d Circuit has affirmed the dismissal of a suit by investors claiming David Rockefeller and Goldman Sachs & Co. shortchanged them by $440 million on the 1996 sale...
3D CIR. AFFIRMS DISMISSAL OF $440M ROCKEFELLER CENTER SUIT
In re Rockefeller Ctr. Properties Sec. Litig.