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Eastham Sues Over Failed Alabama Apartment Venture
By Jarek Rutz
An investor has sued the general partner and property management companies behind an Alabama apartment venture, along with their owner, Audubon founder and CEO Andrew Schwarz, in the Delaware Chancery Court, alleging they mismanaged the project and ultimately caused it to collapse into foreclosure, costing investors more than $19 million.
Complaint attached |
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DOL IG Says Info-Sharing Pacts Lacked Safeguards
By Irene Spezzamonte
U.S. Department of Labor Inspector General Anthony P. D'Esposito testified Wednesday before a U.S. House subcommittee that during the Biden administration, the department shared confidential information with plaintiffs' attorneys without notifying the Wage and Hour Division or the Employee Benefits Security Administration.
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