Dismissal Of State Law Claims In Misrepresentations Suit Against REIT Upheld

Mealey's (August 22, 2022, 11:27 AM EDT) -- PHILADELPHIA — A federal district court did not err in dismissing a company’s state law claims against a real estate investment trust (REIT) and others because the company failed to sufficiently show that the REIT and other parties issued actionable misstatements or omissions under Alabama law, a Third Circuit U.S. Court of Appeals panel ruled in affirming on Aug. 17....