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Hotel Rental Co. Hid Litigation And Failed Deal, Suit Says

By Sydney Price (February 13, 2024, 6:44 PM EST) -- Real estate company LuxUrban Hotels has been hit with a proposed class action alleging it lied about a 25-year deal with the Royalton Hotel in New York and multiple lawsuits over unpaid rent, which it says caused shares to decline after a short-seller report disclosed the issues....

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