Another investor is suing to stop the public sale of the Empire State Building, marking the second time in a week that investors have gone to court to halt the process.
Corvex Management and the Related Companies, which offered to buy the real estate firm to halt the stock sale, sued CommonWealth in federal court in Boston, a last-ditch effort to prevent a controversial stock offering from being co... Read Post
In another potential setback to the public sale of the Empire State Building, a group of investors late Monday asked a New York court to block a class action settlement that had paved the way for investors to vote on the sale. Read Post
A judge says thousands of onetime investors in the Empire State Building can't sue over their claims they were shortchanged by the deal that turned the iconic skyscraper into a public stock. A... To view the full story, click the ti... Read Post