May 08, 2025
Cheroti v. Olshan et al
Case Number:
1:25-cv-03869
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Unassigned
Companies
Sectors & Industries:
View recent docket activity
Reflects complaints, answers, motions, orders and trial notes entered from Jan. 1, 2011.
Additional or older documents may be available in Pacer.
Coverage
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May 09, 2025
Seritage Shareholder Sues Over $325M Portfolio Value Loss
The current and former leadership of Seritage Growth Properties was hit with a derivative shareholder suit in New York federal court, alleging the real estate company's executives caused Seritage's stock value to drop by failing to fix deficient financial reporting and devaluing its portfolio by $325 million.
Parties
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