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9th Circ. Revives Real Estate Investor Securities Suit, Again

By Bonnie Eslinger ( June 10, 2025, 10:40 PM EDT) -- The Ninth Circuit on Tuesday once again revived a proposed securities class action accusing investment guru Grant Cardone of making misleading social media statements to sell interests in his companies' real estate investment funds, holding, among other findings, that the complaint sufficiently alleged Cardone "subjectively disbelieved" certain stated projections....

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