LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Cardone Capital, LLC (“Cardone” or “the Company”) for violations of the federal securities laws.
Investors who acquired interests in Cardone Equity Fund V, LLC and/or Cardone Equity Fund VI, LLC pursuant to their public offerings (the “Class”) are encouraged to contact the firm before November 20, 2020.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Cardone made material omissions regarding investors’ expected rates of return on the investments they made. The lawsuit seeks, among other things, an award of rescission or rescissory damages and prejudgment interest under the federal securities laws.
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
