Unusually Structured REIT got Bid, now Fund Founder is Being Sued
The Wall Street Journal
July 20, 2007
Lawrence A. Sucharow was quoted regarding the Wells Real Estate Investment Trust Inc. Securities Litigation
"It's hard to conceive of something more important to tell them," said Lawrence Sucharow, one of the attorneys representing plaintiffs in a shareholder lawsuit filed in the U.S. District court in Maryland. (Labaton, Sucharow is joined by Chimicles & Tikellis LLP as lead counsel in the case, which has been transferred to the U.S. District Court in the Northern District of Georgia.) In addition to Mr. Wells, the lawsuit names Wells REIT, the management companies, and Wells REIT directors as defendants.