Luis Pino v. Cardone Capital, LLC, et al
Case Number:
21-55564
Court:
Nature of Suit:
3850 Securities, Commodities, Exchange
Companies
Sectors & Industries:
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October 05, 2023
High Court Won't Hear False Advertising Securities Suit
The U.S. Supreme Court declined to review a Ninth Circuit decision to partially revive a proposed class action against Cardone Capital LLC that accused the firm of using misleading online advertisements to sell interests in the company's equity funds.
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December 22, 2022
9th Circ. Partially Revives Real Estate Co. Securities Suit
The Ninth Circuit partially reversed the dismissal of a proposed securities class action that accused real estate investment company Cardone Capital LLC of using misleading online advertisements to sell interests in the company's equity funds, ruling that an investor didn't have to be specifically advertised to in order to bring their claims.