Silver Star Properties REIT, Inc. v. Hartman vREIT XXI, Inc. et al

  1. April 26, 2024

    Silver Star Drops Federal Securities Suit Against Ex-Chair

    Silver Star Properties agreed to drop its federal suit accusing its former executive chair Allen R. Hartman of trying to get his job back by soliciting shareholders to replace the Texas-based REIT's board of directors, as a similar battle plays out in Maryland state court.

  2. January 26, 2024

    REIT Can't Block Ex-Chair From Contacting Shareholders

    An injunction to quiet the former chair of a real estate investment trust who is actively courting shareholders in a dispute over the company's future would be inappropriate at this time, a Maryland federal judge said in an order Friday.

  3. January 17, 2024

    Ex-Chair Says Court Should Ignore REIT's Injunction Bid

    The former board chair of a real estate investment trust again urged a Maryland federal court to deny the company's effort to block him from contacting shareholders, alleging that an ongoing election process is designed to keep the current board's leaders in control.

  4. November 13, 2023

    Ex-Chair Says REIT Can't Block Contact With Shareholders

    A real estate investment trust's ousted board chair defended his effort to force a meeting to elect board nominees, arguing that stockholders have a right to decide through a vote whether the company's recent shift into self-storage facility investment is too risky.

  5. October 10, 2023

    REIT Accuses Ex-Board Chair Of Securities Violations

    A real estate investment trust alleged that its ousted board chair is trying to get his title back by sending stockholders misleading information about per share value and current board members' compensation.