Khoshaba v. Stilwell et al

Track this case

Case overview

Case Number:

2:24-cv-00237

Court:

Virginia Eastern

Nature of Suit:

Stockholders Suits

Multi Party Litigation:

Class Action

Judge:

Mark S. Davis

Firms

Companies

Sectors & Industries:

  1. October 22, 2025

    REIT Inks $7M Settlement Of Ex-CEO's Class Action Claims

    A real estate investment trust has reached a $7.125 million deal to end a proposed investor class action brought by its former CEO alleging its insiders breached their fiduciary duties after the company's common stock was diluted by "disastrous" stock redemption decisions.

  2. April 11, 2024

    REIT Hit With Suit By Ex-CEO Over Share Buyback Conflict

    A real estate investment trust has been hit with a proposed class action by its former CEO alleging the company's insiders breached their fiduciary duties by failing to make a legitimate effort to repurchase certain preferred shares prior to their redemption date, leading to severe dilution of the common shares.